Question:

Mortgages In a random sample of 18 months from January 2011

Last updated: 3/26/2023

Mortgages In a random sample of 18 months from January 2011

Mortgages In a random sample of 18 months from January 2011 through December 2020 the mean interest rate for 30 year fixed rate home mortgages was 3 95 and the standard deviation was 0 49 Assume the interest rates are normally distributed Source Freddie Mac