The average monthly mortgage payment including principal and interest is $982 in the United States. If...

The average monthly mortgage payment including principal and interest is $982 in the United States. If the standard deviation is approximately $180 and the mortgage payments are approximately normally distributed, find the probability that a randomly selected monthly payment is:

A. Between $800 and $1150

B. Less than $1,000

Expert Solution

orchestra answered 2 years ago

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