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1. 58% of American coin dealers feel that speculating in Silver Eagles will be profitable next year. In a…
1. 58% of American coin dealers feel that speculating in Silver Eagles will be profitable next year. In a simple random sample of 150 coin dealers what is the probability that between 54% and 60% believe that it will be a good year to speculate on Silver Eagles. A. 0.9123 B. 0.1256 C. 0.3432 D. 0.5297 E. 0.6598 2. The average monthly mortgage payment for recent home buyers in Lexington is $732, with standard deviation of $421. A random sample of 125 recent home buyers is selected. The approximate probability that their average monthly mortgage payment will be more than $782 is: A. .9079 B. .5473 C. .0921 D. .4527 THANK YOU!!
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