In July 2010, Lender Processing Services reported that homeowners were defaulting in record numbers; 12.4% of mortgages were delinquent or in foreclosure. Suppose a large bank holds 1731 adjustable-rate mortgages.
a) Can you apply the Central Limit Theorem to describe the sampling distribution model for the sample proportion of foreclosures?
b) Sketch and clearly label the sampling model, based on the 68-95-99.7 Rule.
c) How many of these homeowners might the bank expect will default on their mortgages?

step-by-step explanation:

what are the statements? and what do you mean by "216 2 1 6"?

answer: the answer is b. i think hope i got it correct

step-by-step explanation:

tell you what. i'll find the length of the medians and you can fill in the blanks where they belong.

br

b = (2a,0)

r = (a/2,b/2) remember these things are medians. they go to the 1/2 way point of the line opposite the vertex they face.

br^2 =   (2a - a/2)^2 + (0 - b/2)^2

br^2 = (3/2 a) ^2 + b^2 / 4

br^2 = 9/4 a^2 + b^2 / 4   we need to find some relationship between a and b.

let's try ab = bc  

ab = 2a

bc = (2a - a)^2 + (b - 0)^2

bc = sqrt(a^2 + b^2)

ab = bc

2a = sqrt(a^2 + b^2) square both sides.

4a^2 = a^2 + b^2 subtract a^2 from both sides.

sqrt(3a^2) = sqrt(b^2)

sqrt(3)a = b

let's put b into br^2

br^2 = 9/4 a^2 + 3b^2 / 4

br^2 = 12 a^2 / 4

br^2 = 3a^2 

br = sqrt(3) * a

cp

c = (a,b) ; p = (a,0) this is another application of the distance formula, and it is a good one.

cp^2 = (a - a)^2 + (b - 0)^2

cp^2 = 0 + b^2

cp^2 = b^2 which you can see from the diagram. 

cp = sqrt(b^2)

cp = b but b = sqrt(3) * a 

cp = sqrt(3)*a

aq

a = (0,0)

q = (3/2) a, b/2

aq^2 = (3a/2 -0)^2 + (b/2 - 0)^2

aq^2 = 9a^2/4 + b^2/4

but b = sqrt(3) * a 

aq^2 = 9a^2 / 4 + (sqrt(3)*a)^2 /4

aq^2 = 9 a^2/ 4 + 3 a^2 / 4

aq^2 = 12 a^2/4

aq^2 = 3 a^2

aq = (sqrt  3) * a which agrees with the other two.

1. 523.33 cubic inches

2. 113.04 cubic inches.

3. 17.41.

4. 16.49

i think this should be your answer

hope i

-lavira : )