Assume that the readings at freezing on a batch of thermometers are normally distributed with a mean of 0°C and a standard deviation of 1.00°C. A single thermometer is randomly selected and tested. Find the probability of obtaining a reading greater than 0.28°C. Round your answer to 4 decimal places

Answers

Answer 1

The probability of obtaining a reading greater than 0.28°C is 0.3897.

What is standard normal distribution ?

The standard normal distribution is a specific type of probability distribution that has a mean of 0 and a standard deviation of 1. It is also called the Z-distribution or the Gaussian distribution.

The standard normal distribution is commonly used in statistics and probability theory to make comparisons and calculations across different normal distributions. To use the standard normal distribution for calculations involving a normal distribution with a different mean and standard deviation, the data must be standardized by subtracting the mean and dividing by the standard deviation.

According to the question:
To solve this problem, we need to standardize the value of 0.28°C using the standard normal distribution formula:

z = (x - mu) / sigma

where:

x = 0.28°C

mu = 0°C

sigma = 1.00°C

Substituting the values, we get:

z = (0.28 - 0) / 1.00

z = 0.28

Now, we need to find the probability of obtaining a reading greater than 0.28°C, which is the same as finding the area to the right of z = 0.28 on the standard normal distribution curve. We can use a standard normal distribution table or calculator to find this area.

Using a calculator or software, we find that the probability of obtaining a reading greater than 0.28°C is 0.3897, rounded to 4 decimal places.

Therefore, the probability of obtaining a reading greater than 0.28°C is 0.3897.

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Related Questions

a triangle border has perimeter 24cm and 2 of its sides are 6cm and 8cm.find the cost of painting it at the rate of rupees 9 per cm squarea triangle border has perimeter 24cm and 2 of its sides are 6cm and 8cm.find the cost of painting it at the rate of rupees 9 per cm square

Answers

The cοst οf painting the triangle bοrder at the given rate is Rs. [tex]108\sqrt{(2)[/tex].

What is a triangle?

A triangle is a geοmetric shape that cοnsists οf three line segments, οr sides, that are cοnnected tο fοrm three angles.

Tο find the cοst οf painting the triangle bοrder, we first need tο find its area. Let's call the third side οf the triangle "x".

We knοw that the perimeter οf the triangle is 24cm, sο we can write an equatiοn:

6cm + 8cm + x = 24cm

Simplifying this, we get:

x = 10cm

Nοw we can use Herοn's fοrmula tο find the area οf the triangle:

s = (6cm + 8cm + 10cm)/2 = 12cm

Area [tex]= \sqrt{(s(s-6cm)(s-8cm)(s-10cm))[/tex]

[tex]= \sqrt{(12cm6cm4cm*2cm)[/tex]

[tex]= 2\sqrt{(72cm^2)[/tex]

[tex]= 12\sqrt{(2) cm^2[/tex]

Finally, we can calculate the cοst οf painting the bοrder at a rate οf Rs. 9 per square cm:

Cοst = (Area) x (Rate)

[tex]= (12\sqrt{(2)} cm^2) x (Rs. 9/cm^2)[/tex]

[tex]= Rs. 108\sqrt{(2)[/tex]

Therefοre, the cοst οf painting the triangle bοrder at the given rate is= [tex]Rs. 108\sqrt{(2)[/tex]

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WILL MARK AS BRAINLIEST!!!!!!!!!!!!!!!!!!
The point on the parabola y=x^2 that is closest to the point (1,0) is (_______,_______). The distance between the two points is ________.

you can use Newtons's Method or Bisection to help but you don't have to.

Answers

Answer:Approximately

(0.58975,0.34781)

Step-by-step explanation:

If (x,y) is a point on the parabola, then the distance between (x,y) and (1,0) is:

√(x−1)2+(y−0)2=√x4+x2−2x+1

To minimize this, we want to minimize

f(x)=x4+x2−2x+1

The minimum will occur at a zero of:

f'(x)=4x3+2x−2=2(2x3+x−1)

graph{2x^3+x-1 [-10, 10, -5, 5]}

Using Cardano's method, find

x=3√14+√8736+3√14−√8736≅0.58975

y=x2≅0.34781

Write a quadratic inequality represented by the graph.

Answers

Using the concept of parabola, the quadratic inequality represented by the graph can be written as:

y = x² -2x +2.

Define parabola?

An equation of a curve that has a point on it that is equally spaced from a fixed point and a fixed line is referred to as a parabola.

The parabola's fixed point is referred to as the focus, and its fixed line is referred to as the directrix.

The general equation for a parabola is given as:

y = a(x-h) ² + k

Now here we have:

(x,y) = (2,5)

(h,k) = (1,1)

Putting these values in the equation,

5 = a (2-1) ² + 1

a = 5-1

=4

Substituting the values:

y = (x-1) + 1

y = x² -2x +2

Therefore, the quadratic inequality can be written as: y = x² -2x +2.

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What are the zeros of the function f(x)= 240x -2x^2

Answers

Answer:

What are the zeros of the function f(x)= 240x -2x^2

Step-by-step explanation:

To find the zeros of the function f(x) = 240x - 2x^2, we need to set f(x) equal to zero and solve for x:

240x - 2x^2 = 0

We can factor out 2x from the left side:

2x(120 - x) = 0

So either 2x = 0 or 120 - x = 0. Solving for x in each case gives:

2x = 0 => x = 0

120 - x = 0 => x = 120

Therefore, the zeros of the function are x = 0 and x = 120.

PLEASE HELPPP ME MATH

Answers

The coordinates of the image of point D that ensures that the triangles are congruent is (-2, 2)

How to determine the coordinates of point D

Given the triangle ABC and the incomplete triangle DEF

From the triangle transformation of points B and C, we can see that

The points of the triangle ABC are translated to the left by 6 units and downward by 4 units

Mathematically, this can be represented as

(x, y) = (x - 6, y - 4)

Given that

A = (4, 6)

So, we have

D = (4 - 6, 6 - 4)

Evaluate the difference

D = (-2, 2)

Hence, the position is (-2, 2)

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When an octave is divided into twelve equal steps, a chromatic scale results. The ratios between sucessive notes is
constant.
IC C# D D# E F F# G G# А A# B с
261.6 277.2
293.6
329.6 349.2 370.0 392.0
1440 466.1 493.8 523.2
Determine the missing frequency for G# and D# using the ratio 1.0595. Round to the nearest tenth. What is the ratio
of frequencies between G# and D#? Would these two notes be consonant or dissonant?
4
1.338
consonant
31
a.
b.
3
1.338
41
consonant
c.
14
1.338
4
dissonant
d.
1.33
4
3
dissonant

Answers

The ratio of frequencies between G# and D# is: G# / D# = 415.3 / 293.7 ≈ 1.414

To find the missing frequencies for G# and D# using the ratio 1.0595, we need to multiply the frequency of the previous note by 1.0595. Starting from A440, we can use this ratio to calculate the frequencies of G# and D#:

G#: 440 x 1.0595^8 ≈ 830.6 Hz

D#: 440 x 1.0595^6 ≈ 622.3 Hz

The ratio of frequencies between G# and D# is:

830.6 / 622.3 ≈ 1.334

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What are the coordinates of point G on the coordinate grid below?
A
(-4,3)
(4,-3)
-2
4
2
O
-2
4
B
AY
D
2
(4,3)
(-4,-3)
4
G
XA

Answers

Answer:

The answer is G = (4,3)

Step-by-step explanation:

G = (4,3)

the solution set is
5r+20/10=3r-6/3

Answers

Answer:

r = -2

Step-by-step explanation:

5r + 20/10 = 3r -6/3

5r + 2 = 3r - 2

2r + 2 = -2

2r = -4

r = -2

Answer: r = -2

Step-by-step explanati

consider the funciton f given by f(t)=log49(t7). find values for a and b such that f(t)=a+logb(t).

Answers

The values for a and b such that f(t) = a + logb(t) are,

a = log(1/log(49))

b = 49

Therefor

We can start by simplifying the expression for f(t)

f(t) = log49(t7)

f(t) = log(t7)/log(49) [Using the change of base formula]

Now we can rewrite f(t) as:

f(t) = log(t)/log(b) + a [Using the logarithmic properties log(ab) = log(a) + log(b)]

Comparing this expression with f(t) = a + logb(t), we can see that:

a = log(1/log(49)) [since log(b) = 1/log(49)]

b = t

Therefore, we have

f(t) = log(t7)/log(49) = log(t)/log(b) + log(1/log(49))

= log(t)/log(49) + log(1/log(49))

= log(1/log(49)) + log(t)/log(49)

So, a = log(1/log(49)) and b = 49.

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PLEASE HELP!!!!!!!!!

△DEF is similar to △YZX

A) which side corresponds to ED? (this one is already answered)

B) write a proportion that you could use to find XZ

C) what is XZ?

Answers

Step-by-step explanation:

B) 20:23

C) 6,0375

hope this helps

A rectangular fish tank 60 cm x 15 cm x 34 cm is 13 full of water. Find the volume of water needed to fill the tank completely.

Answers

Step-by-step explanation:

The volume of the rectangular fish tank is:

V = l x w x h = 60 cm x 15 cm x 34 cm = 30,600 cm³

Since the tank is 1/3 full, the volume of water in the tank is:

V_water = (1/3) x V = (1/3) x 30,600 cm³ = 10,200 cm³

To find the volume of water needed to fill the tank completely, we can subtract the volume of water already in the tank from the total volume of the tank:

V_needed = V - V_water = 30,600 cm³ - 10,200 cm³ = 20,400 cm³

Therefore, 20,400 cm³ of water is needed to fill the tank completely.

place the following steps in order. what is the correct order for the general procedure for hypothesis testing?

Answers

The correct order of the steps to test the general hypothesis is given as B, A, E, C, D, F.

A hypothesis is basically a uncertain fact that is backed by some logical and solid information. While using the hypothesis, it s important that we use the correct method to verify the credibility of the hypothesis in the system.

So, as per the given option, the correct sequence should be, B, A, E, C, D, F.

We first set up the null hypothesis and the alternative hypothesis, and then we choose the degree of significance. The next phases in hypothesis testing are choosing the test statistics and creating the decision-making rule.

When we get to a conclusion based on the hypothesis after carefully calculating and computing the hypothesis' performance, the procedure is said to be finished.

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Complete question - place the following steps in order. what is the correct order for the general procedure for hypothesis testing?

A. Select the level of significance

B. setup null and alternative hypothesis

C. Establish the decision rule

D. performance computation

E. select the test statistics

F. Draw conclusions

Find the 66th derivative of the function f(x) = 4 sin (x)…..

Answers

In response to the stated question, we may state that As a result, the 66th derivative of f(x) = 4 sin(x) is 4 sin(x) (x).

what is derivative?

In mathematics, the derivative of a function with real variables measures how sensitively the function's value varies in reaction to changes in its parameters. Derivatives are the fundamental tools of calculus. Differentiation (the rate of change of a function with respect to a variable in mathematics) (in mathematics, the rate of change of a function with respect to a variable). The use of derivatives is essential in the solution of calculus and differential equation problems. The definition of "derivative" or "taking a derivative" in calculus is finding the "slope" of a certain function. Because it is frequently the slope of a straight line, it should be enclosed in quotation marks. Derivatives are rate of change metrics that apply to almost any function.

Using the chain rule and the derivative of the sine function repeatedly yields the 66th derivative of the function [tex]f(x) = 4 sin (x).[/tex]

The derivative of sin(x) is cos(x), and the derivative of cos(x) is -sin(x), and this pattern repeats itself every two derivatives.

As a result, the first derivative of f(x) is:

[tex]f'(x) = 4 cos (x)[/tex]

The second derivative is as follows:

[tex]f"(x) = -4 sin (x)[/tex]

The third derivative is as follows:

[tex]f"'(x) = -4 cos (x)[/tex]

The fourth derivative is as follows:

[tex]f""(x) = 4 sin (x)[/tex]

And so forth.

[tex]f^{(66)(x)} = 4 sin (x)[/tex]

Because the pattern repeats every four derivatives, the 66th derivative is the same as the second, sixth, tenth, fourteenth, and so on.

As a result, the 66th derivative of f(x) = 4 sin(x) is 4 sin(x) (x).

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9x+6=24
8x-4=28
-18-x=57
-4-8x=8
3x+0.7=4

Answers

Answer:

Step-by-step explanation:

To solve each of these equations, we need to isolate the variable (x) on one side of the equation. Here are the steps to solve each equation:

9x + 6 = 24

Subtract 6 from both sides:

9x = 18

Divide both sides by 9:

x = 2

Therefore, the solution to the equation is x = 2.

8x - 4 = 28

Add 4 to both sides:

8x = 32

Divide both sides by 8:

x = 4

Therefore, the solution to the equation is x = 4.

-18 - x = 57

Add 18 to both sides:

-x = 75

Multiply both sides by -1:

x = -75

Therefore, the solution to the equation is x = -75.

-4 - 8x = 8

Add 4 to both sides:

-8x = 12

Divide both sides by -8:

x = -1.5

Therefore, the solution to the equation is x = -1.5.

3x + 0.7 = 4

Subtract 0.7 from both sides:

3x = 3.3

Divide both sides by 3:

x = 1.1

Therefore, the solution to the equation is x = 1.1.

Find the 6th term of the geometric sequence described below.
m₁ = -3(-5)-1
Show your work here
Hint: To add an exponent (z"), type "exponent" or press "A"

Answers

Answer:

m₆ = 9375

Step-by-step explanation:

Given sequence is

[tex]m,_i = -3(-5)^{i - 1}[/tex]

To find the 6th term, all you have to do is substitute i = 6 and compute

For i = 6 we get

[tex]m_6 = -3(-5)^{6 - 1}\\= -3(-5)^5\\\\= -3(-3125) \\\\= 9375[/tex]

A negative number raised to an odd number is negative that is why (-5)⁵ is negative

Bria is a customer who would like to display her collection of soap carvings on top of her bookcase. The collection needs an area of 300 square inches. What should b equal for the top of the bookcase to have the correct area? Round your answer to the nearest tenth of an inch.
I need help D:please !!!!​

Answers

If the top of Bria's bookcase has a length-to-width ratio of 3:1, the width of the top should be about 10 inches to provide an area of 300 square inches for her soap carving collection.

How to find the dimension of the top of the bookcase

The top of the bookcase is a rectangle, the area of the top can be expressed as the product of its length and width:

Area of the top = length × width

Area of the top = 300 square inches

length × width = 300 square inches

width = 300 square inches / length

Assuming that the top of the bookcase is with a length-to-width ratio of

3 : 1

length = 3 × width

substituting the value gives

width = 300 / (3 × width)

Simplifying, we have:

width² = 100 square inches (the polynomial)

Taking the square root of both sides, we get:

width = √100 ≈ 10 inches

Then the length will be = 30 inches

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The relative housing cost for a US city is defined to be the ratio nationalaveragehousingcost
averagehousingcostforthecity

, expressed as a percent.
The scatterplot above shows the relative housing cost and the population density for several large US cities in the year 2005. The line of best fit is also shown and has equation y=0.0125x+61. Which of the following best explains how the number 61 in the equation relates to the scatterplot?

Answers

In 2005, even in cities with low population densities, housing costs were likely at least 61% of the national average.

We know that the relative housing cost for a US city is defined to be the ratio average housing cost for the city /​national average housing cost, expressed as a percent also the scatterplot above shows the relative housing cost and the population density for several large US cities in the year 2005, therefore,

the equation is y = 0.0125x + 61

Therefore, with this we know that in 2005, even in cities with low population densities, housing costs were likely at least 61% of the national average.

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what is the domain of the function {(-1,-1),(0,1),(2,-1)}
a) (-1,1)
b) (-1,0,2)
c) (-1,0,1,2)
d) {(-1,-1),(0,1),(2,-1)}

Answers

Answer:

[tex]b) \quad(-1,0,2)[/tex]

Step-by-step explanation:

The domain is the set of all input values for a function. It can be represented as a list of values where it is countable or as a set notation

Here there are only 3 ordered pairs. The first entry in each ordered pair represents the input of the function, the second entry the corresponding output value

Looking at the first entry in all three ordered pairs we get the domain as
[tex](-1, 0 , 2)[/tex]

each of the cars on the left has th esame solution as on of the card ont the right find the cards with macthing solutions to coplete the sentece below.[tex]6x - 72 = -18[/tex]

Answers

ur mothers car on the road

Answer:

x=9

Step-by-step explanation:

this is solved by using cover and cancel so we can isolate the x variable

1) first add 72 to both sides.

6x=54

2) second divide both sides by 6

3) x=9

At a community​ college, a survey was taken to determine where students study on campus. Of the 250 students​ surveyed, it was determined that
170 studied in the library
135 studied in the cafeteria
76 studied in both the library and the cafeteria
How many studied in library or cafeteria (including both)?

Answers

Answer:

Step-by-step explanation:

To find the number of students who studied in the library or cafeteria (including both), we need to add the number of students who studied in the library and the number of students who studied in the cafeteria, but we need to subtract the number of students who studied in both the library and cafeteria to avoid counting them twice.

So, the number of students who studied in library or cafeteria is:

170 + 135 - 76 = 229

Therefore, 229 students studied in the library or cafeteria (including both).

Find the measures of angles 1 through 5 in the figure shown !

Answers

Answer:

55 degrees angles on a rights angle triangle. 1 and 3 they are equal cause they are vertical opp angles 55 degrees

Given the triangle below, what is mA, rounded to the nearest tenth? B 12 Triangle not drawn to scale A. 60.4° B. 2.2° 10 O C. 58.2° OD. 55.8° C SUBMIT​

Answers

Answer:

C

Step-by-step explanation:

2. problem 4.3.4 for a constant parameter , a rayleigh random variable x has pdf what is the cdf of x?

Answers

The cumulative distribution function (CDF) for given random variable fx(x)  is given by F(x) = 1 - e^[(-a²)(x²/2)]        x > 0,

                           F(x) = 0                                x ≤ 0.

The cumulative distribution function (CDF) F(x) for a Rayleigh random variable X is defined as,

F(x) = P(X ≤ x)

To find the CDF of X, we integrate the PDF of X over the interval [0, x],

F(x) = ∫₀ˣ a²x e^[(-a²)(x²/2)] dx

Using the substitution u = (-a²x²/2),

Simplify the integral as follows,

F(x) = ∫₀ˣ a²x e^[(-a²)(x²/2)] dx

= ∫₀^((-a²x²)/2) -e^u du (where u = (-a²x²/2) and x = √(2u/a²))

= [e^u]₀^((-a²x²)/2)

= 1 - e^[(-a²)(x²/2)]

Therefore, the CDF of X  for the Rayleigh random variable X has PDF fx (x)   is equal to,

F(x) = 1 - e^[(-a²)(x²/2)]        x > 0,

F(x) = 0                                x ≤ 0.

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The above question is incomplete, the complete question is:

For a constant parameter a > 0, a Rayleigh random variable X has PDF

fx (x)        =    a²xe^[(-a²)(x²/2)]      x > 0

                     0                              otherwise.

What is the CDF of X?

Find the value of Tan 15 without using a table or calcutator​

Answers

Answer:

Step-by-step explanation:

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what are the transformations of the following 1) f(x)=3x2^x+4-1
2) f(x)=-1/2x5^x-2+6
3) g(x)=1/5log(x+5)+3
4) g(x)=-4log(x)-2

Answers

1. The functiοn [tex]f(x) = 3x2^x+4-1[/tex]undergοes the fοllοwing transfοrmatiοns

A vertical translatiοn dοwnward by 1 unit (the [tex]"-1[/tex]" at the end)

An upward vertical stretch by a factοr οf 3 (the "3" cοefficient in frοnt)

An expοnential grοwth with base 2 (the expοnent "x" in the term [tex]"2^x"[/tex])

A hοrizοntal shift tο the left by 4 units (the "-4" in the expοnent οf [tex]"2^x"[/tex])

2. The functiοn [tex]f(x) = -1/2x5^x-2+6[/tex] undergοes the fοllοwing transfοrmatiοns:

A vertical translatiοn upward by 6 units (the "+6" at the end)An upward vertical cοmpressiοn by a factοr οf 1/2 (the [tex]"-1/2"[/tex]cοefficient in frοnt)An expοnential grοwth with base 5 (the expοnent "x" in the term [tex]"5^x[/tex]")A hοrizοntal shift tο the left by 2 units (the[tex]"-2"[/tex] in the expοnent οf [tex]"5^x[/tex]")

3. The functiοn [tex]g(x) = 1/5log(x+5)+3[/tex] undergοes the fοllοwing transfοrmatiοns:

A vertical translatiοn upward by 3 units (the "+3" at the end)A hοrizοntal shift tο the left by 5 units (the "+5" inside the lοgarithm)A vertical stretch by a factοr οf 1/5 (the [tex]"1/5"[/tex] cοefficient in frοnt)

4. The functiοn [tex]g(x) = -4log(x)-2[/tex] undergοes the fοllοwing transfοrmatiοns:

A vertical translatiοn dοwnward by 2 units (the [tex]"-2"[/tex] at the end)A vertical cοmpressiοn by a factοr οf 4 (the[tex]"-4"[/tex] cοefficient in frοnt)A hοrizοntal shift tο the right (there is nο explicit shift, but the dοmain οf the functiοn is restricted tο[tex]x > 0[/tex], which means the graph is shifted tο the right οf the y-axis)

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mathematicians divide the world of numbers into at least seven subsets. list seven subsets and define each

Answers

Mathematicians divide the world of numbers into seven subsets, namely natural numbers, whole numbers, integers, rational numbers, irrational numbers, real numbers, and complex numbers.

Natural numbers: These are the counting numbers, starting from 1 and continuing indefinitely. They can also be denoted as "N" or "ℕ".

Whole numbers: These are the natural numbers, as well as zero. They can also be denoted as "W" or "ℤ⁺⁰".

Integers: These are the whole numbers, as well as their negative counterparts. They can also be denoted as "Z" or "ℤ".

Rational numbers: These are numbers that can be expressed as a fraction, where the numerator and denominator are integers (and the denominator is not zero). They can also be denoted as "Q" or "ℚ".

Irrational numbers: These are numbers that cannot be expressed as a fraction of two integers. They are often represented by decimal expansions that neither terminate nor repeat. Examples include π and the square root of 2.

Real numbers: These are all the rational and irrational numbers, taken together. They can also be thought of as numbers that can be located on a number line. They are often denoted as "R" or "ℝ".

Complex numbers: These are numbers of the form a + bi, where a and b are real numbers and i is the imaginary unit (defined as the square root of -1). Complex numbers can be added, subtracted, multiplied, and divided, just like real numbers. They are often denoted as "C" or "ℂ".

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I will mark you brainiest!

If the triangles above are reflections of each other, then ∠D ≅ to:
A) ∠F.
B) ∠E.
C) ∠C.
D) ∠A.
E) ∠B.

Answers

Answer:

D I believe

Step-by-step explanation:

A pollster recorded the size of households in his
area. The table below shows the distribution for
820 families. How many of the 820 families has at
least 3 people in the household?
Number of people in
a household
1
2
3
4
5
6 or more
% of Households
27%
33%
24%
10%
4%
2%

Answers

Step 1: Calculate the number of families with 1 person in the household by multiplying the percentage (27%) and the total number of families (820) - 27% x 820 = 220.4.

Step 2: Calculate the number of families with 2 people in the household by multiplying the percentage (33%) and the total number of families (820) - 33% x 820 = 271.6.

Step 3: Calculate the number of families with 3 people in the household by multiplying the percentage (24%) and the total number of families (820) - 24% x 820 = 196.8.

Step 4: Calculate the number of families with 4 people in the household by multiplying the percentage (10%) and the total number of families (820) - 10% x 820 = 82.

Step 5: Calculate the number of families with 5 people in the household by multiplying the percentage (4%) and the total number of families (820) - 4% x 820 = 32.8.

Step 6: Calculate the number of families with 6 or more people in the household by multiplying the percentage (2%) and the total number of families (820) - 2% x 820 = 16.4.

Step 7: Add the numbers calculated in Steps 1 - 6 to get the total number of families with at least 3 people in the household - 220.4 + 271.6 + 196.8

The price of a mortgage is calculated using the present value of future cash flows, which includes an interest payment, CC, a principal payment, PrinPrin, the number of periods until the mortgage is to be paid off, tt, and a required rate of return, kk.
Mathematically, the general price movement of mortgages can be modeled as which of the following?
ΔPM=f(k)ΔPM=f(k)
ΔPM=f(Δk,ΔPrin)ΔPM=f(Δk,ΔPrin)
ΔPM=f(Δk,ΔC)ΔPM=f(Δk,ΔC)
ΔPM=f(Δk)
What are the type of securities that are issued to financial institutions where the funds are used to increase liquidity in the secondary mortgage market by financing the origination of mortgages? Check all that apply.
Private-label pass-through securities
Government National Mortgage Association (Ginnie Mae) mortgage-backed securities
Federal Home Loan Mortgage Association (Freddie Mac) participation certificates
Federal National Mortgage Association (Fannie Mae) mortgage-backed securities

Answers

The mathematical model that represents the general price movement of mortgages is:     ΔPM = f(Δk, ΔPrin, ΔC)

Where ΔPM is the change in the price of the mortgage, Δk is the change in the required rate of return, ΔPrin is the change in the principal payment, and ΔC is the change in the interest payment.

This means that the change in the price of a mortgage is a function of the change in the required rate of return, the change in the principal payment, and the change in the interest payment.

The securities that are issued to financial institutions to increase liquidity in the secondary mortgage market by financing the origination of mortgages are:

Government National Mortgage Association (Ginnie Mae) mortgage-backed securities

Federal Home Loan Mortgage Association (Freddie Mac) participation certificates

Federal National Mortgage Association (Fannie Mae) mortgage-backed securities

Financial institutions may also receive private-label pass-through securities, although these are not guaranteed by government entities like Ginnie Mae, Freddie Mac, or Fannie Mae.

They are not backed by the government, but by private institutions, which can make them riskier.

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Answers

Answer:

£22

Step-by-step explanation:

50% of 88=88/100 ×50=44

44÷2=25%=22

75% of £88 is deducted, so that 88-66=£22

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