Question:

4 14 A credit union takes a sample of four mortgages each

Last updated: 9/13/2023

4 14 A credit union takes a sample of four mortgages each

4 14 A credit union takes a sample of four mortgages each month to survey the homeowners satisfaction with the credit union s servicing of their mortgage Each mortgage is classified as a fixed rate F or variable rate V a What are the 16 possible combinations of the four mortgages Hint One such possibility would be F V V3F4 b List the combinations in event A At least three of the mortgages are variable rate