Description
house $120,000. paid 20 percent down payment and then borrowed the rest at 6.5 percent for 20 years. she must pay 7.58 points per $1000
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Explanation & Answer
$24,000 Donw
$96,000 borrowed
$128,000 paid after 20 years
16,464 points
Completion Status:
100%
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Read/review the following resources for this activity:
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Lesson
Minimum of 1 scholarly source
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If a regression analysis was to be completed on body mass index (BMI), what could be an independent variable in that analysis? Why? If we could, what other independent variables should be included in the analysis? What statistic(s) would show the value of that regression in understanding BMI?
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Determine whether there is any link between the normal distribution and Variation 2: Standard Deviation (With a Digression on Eggroulette) (Links to an external site.) where we relied on statements such as “about two-thirds of observations are within one standard deviation of the mean.”
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Read/review the following resources for this activity:
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Minimum of 1 scholarly source
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If a regression analysis was to be completed on body mass index (BMI), what could be an independent variable in that analysis? Why? If we could, what other independent variables should be included in the analysis? What statistic(s) would show the value of that regression in understanding BMI?
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Option 1
Determine whether there is any link between the normal distribution and Variation 2: Standard Deviation (With a Digression on Eggroulette) (Links to an external site.) where we relied on statements such as “about two-thirds of observations are within one standard deviation of the mean.”
Briefly discuss.
Option 2
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State one way knowing this is useful in your professional or personal life.
Briefly elaborate on your example.
Option 3
Identify the minimum number of data points needed to generate a normal distribution.
Create a data set of that size, and show that it meets the first three conditions for a Normal Distribution in section 5.1 on page 164 of the text.
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