This assignment will help you understand how confidence intervals provide information on how well a sample represents a population and helps to answer specific types of research questions. Read the scenario and use the information provided to answer the questions.
MORTGAGE ASSESSMENT
Please find below the information you will need for your Mortgage Journal Assignment this week. Down Payment Required (List %): 15% Number of Points at Closing 3 points Mortgage Time Frame for Loan: 30 years Interest Rate (List %): Assume Points already lowered interest rate. 7 % Annual Homeowner’s