The following chart shows the results of a survey of the status of subprime home mortgages in Texas in a certain year. Mortgage Current Past Due In Foreclosure Repossessed Status Frequency 132 62 5 1...

Extracted text: The following chart shows the results of a survey of the status of subprime home mortgages in Texas in a certain year. Mortgage Current Past Due In Foreclosure Repossessed Status Frequency 132 62 5 1 (The four categories are mutually exclusive; for instance, "Past Due" refers to a mortgage whose payment status is past due but is not in foreclosure, and "In Foreclosure" refers to a mortgage that is in the process of being foreclosed but not yet repossessed.) (a) Find the relative frequency distribution for the experiment of randomly selecting a subprime mortgage in Texas and determining its status. Current Past Due In Foreclosure Repossessed (b) What is the relative frequency that a randomly selected subprime mortgage in Texas was not current? HINT (See Example 2.]