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in order to estimate the mean 30 year fixed mortgages rate for a home loan in...

in order to estimate the mean 30 year fixed mortgages rate for a home loan in the United States, a random of 26 recent loans is taken. the average calculated from this sample is 7.20%. it can be assumed that 30 year fixed mortgages rates are normally distributed with a standard deviation of 0.70%. compute an 95% and a 99^

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