The Foreclosure Crisis Has Been Particularly Devastating in Housing Markets

question 60

Multiple Choice

The foreclosure crisis has been particularly devastating in housing markets in much of the south and west United States,but even when analysis is restricted to relatively strong housing markets the numbers are staggering.For example,in 2011 an average of three residential properties were auctioned off each weekday in the city of Boston,up from an average of one per week in 2005.What is the probability that no more than two foreclosure auctions occurred on a randomly selected weekday of 2011 in Boston?

• A) 0.1991
• B) 0.2240
• C) 0.4232
• D) 0.5768

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Definitions:

Indwelling Catheter

A catheter that remains inside the body for extended periods, used to drain urine or administer medication.

Timed Urine

A method of collecting all urine produced and expelled by the body over a specific period for diagnostic purposes.

Collection Bottle

A receptacle used for collecting and storing fluids or samples in medical settings.

Gastric Secretions

Fluids produced by the stomach, including hydrochloric acid and digestive enzymes, that aid in food digestion.