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As a result of the subprime mortgage crisis of 2008, approximately 25.85% of new mortgage originations...

As a result of the subprime mortgage crisis of 2008, approximately 25.85% of new mortgage originations went into foreclosure by 2009. Suppose in the Boston area there were 2,866 homes in which the mortgage originated during this period. What is the probability that between 25.79% and 26.31% of the homes would be foreclosed on?

1)

 -7.0065

2)

 0.7577

3)

 1.1839

4)

 90.2959

5)

 0.2423
math   Statistics-And-Probability   
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