A journal assignment where you will compare confidence intervals to gambling. Simply discuss any similarities and/or differences you see between the two, along with personal / professional experience with gambling and/or confidence intervals.
Assume that a family is purchasing a typical house by making a $30,000 down payment and then financing a $280,000 mortgage at an annual interest rate
Assume that a family is purchasing a typical house by making a $30,000 down payment and then financing a $280,000 mortgage at an annual interest rate of 6.25% (a typical rate for a 30-year loan). The size of their monthly payment will depend on the term of the mortgage. The