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You are considering three different loans to help you purchase a $200,000 house. You want to finance 80% of the house cost. All loans are 30-year fixed rate, fully amortizing mortgages that require monthly payments. Loan 1 has a 3.85% rate, a $5,000 loan fee, and 0 points. Loan 2 has a 3.95% rate, a $0 fee, and 3 points. Loan 3 has a 4.0% rate but no fees or points. What is the APR for each loan?
What might lead minority students to take more or fewer high school math courses? Would these same factors influence success in college?
suppose that the proportion of fatal single-car accidents that involve alcohol consumption on the part of the driver is
Measures the discrepancy b/w the data and the null hypothesis. We can make large values of T are evidence against H0 in most cases. Explain why?
studies find that in a random sample of 3000 adults aged 18 and over 1410 owned an mp3 player. the 95 large-sample
bob is selling 80 pound bags of fertilizer. the machine he uses have a standard deviation of fill equal to 1.5 pounds.
As part of their application for a loan to buy Lakeside Farm, a property they hope to develop as a bed-and-breakfast operation, the prospective owners have projected:
Participants were assigned to one of three groups in order to study short-term memory with three different types of items: words, non-words, and numbers. Participants were shown a list of items that match their group type, and then were given a te..
Mean income with an error of $500 can be constructed. If the population standard deviation is known to be $8,000 what sample size would the economist need to use?
Researchers Sync and Smith reported a significant correlation between children's reading level and intelligence measured as an IQ score - Explain these results as if you were writing to a person who has never had a course in statistics.
Suppose a random sample of 137 households in Detroit was taken as part of a study on annual household spending for food at home.
Find the standard error of the difference in sample means that you would use for the method that does not assume equal variances. Do the same for the pooled approach. Compare these two estimates with each other.
a large consumer goods company ran a television advertisement for one of its soap products. on the basis of a survey
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