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Suppose 35% of Homes in a Miami,Florida,neighborhood Are Under Water

Question 106

Multiple Choice

Suppose 35% of homes in a Miami,Florida,neighborhood are under water (in other words,the amount due on the mortgage is larger than the value of the home) .There are 160 homes in the neighborhood and 30 of those homes are owned by your friends.What is the probability that less than 30% of your friend's homes are under water?


A) 0.2611
B) 0.2843
C) 0.6400
D) 0.7389

Correct Answer:

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