The Most Significant Change in the Economic Environment That Changed

question 84

Multiple Choice

The most significant change in the economic environment that changed the demand for financial products in recent years has been

• A)the aging of the baby-boomer generation.
• B)the dramatic increase in the volatility of interest rates.
• C)the dramatic increase in competition from foreign banks.
• D)the deregulation of financial institutions.

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Definitions:

Distribution

In statistics, the way in which values of a variable or dataset are spread out or distributed across possible values.

Interquartile Range

The difference between the 75th and 25th percentiles of a dataset, representing the middle 50%.

Playing Video Games

The action of engaging in games that are played on electronic devices such as computers, consoles, and mobile phones.

Frequency Distribution

A summary of data showing the number of instances that each value occurs.