Which is true of an adjustable rate mortgage?

Mathematics

1 answer:

stealth61 [152]3 years ago

5 0

Answer:

The rate of interest may vary , totally depends on the market value of that agency or company or the financial agency which is providing the mortgage money at certain rate. So, option (B) the interest rate may change depending on the condition of the economy is true statement regarding adjustable rate mortgage.Step-by-step explanation: hope it helps

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1.) The commuter trains on the Red Line for the Regional Transit Authority (RTA) in Cleveland, OH, have a waiting time during pe

alisha [4.7K]

Answer:

a) For this case we define the random variable as X ="waiting time during peak hours" and we know that this distribution follows an uniform distribution:

$X \sim Unif(a=0,b=8)$

Where a and b represent the limits of the distribution.

b) $f(x) = \frac{1}{8}= 0.125, a\leq x \leq b$

And the height for this case would be 0.125

Step-by-step explanation:

Part a

For this case we define the random variable as X ="waiting time during peak hours" and we know that this distribution follows an uniform distribution:

$X \sim Unif(a=0,b=8)$

Where a and b represent the limits of the distribution.

Part b

For this case the density function would be given by:

$f(x) = \frac{1}{8}= 0.125, a\leq x \leq b$

And the height for this case would be 0.125

And $f(x)= 0$ for other case.