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Author Question: What is the average payoff for the 5-year ARM? A) 55,046 B) 57,724 C) 53,406 D) ... (Read 29 times)

JGIBBSON

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  • Posts: 538
on: Jun 24, 2018
What is the average payoff for the 5-year ARM?
 
  A) 55,046
  B) 57,724
  C) 53,406
  D) 51,448

Question 2

Students who have completed a speed reading course have reading speeds that are normally distributed with a mean of 950 words per minute and a standard deviation equal to 220 words per minute.
 
  Based on this information, what is the probability of a student reading at more than 1400 words per minute after finishing the course?A) 0.0202
  B) 0.5207
  C) 0.4798
  D) 0.9798


rnehls

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Reply #1 on: Jun 24, 2018
Answer to Question 1

C

Answer to Question 2

A


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