Monthly Mortgage Payments The average monthly mortgage payment including principal and interest is
$982
in the United States. Assume that the standard deviation is approximately
$180
and the mortgage payments are approximately normally distributed. Find these probabilities of the monthly payment selected randomly. Enter the final answers as decimals rounded to at least four places. Round intermediate
z
-value calculations to two decimal places.
Part: 0 / 2
0 of 2 Parts Complete
Part 1 of 2
(a) More than
$1390
|
=P>X1390
|