The ____________________ Requires Banks to Record and Report Data on Home

question 3

Multiple Choice

The ____________________ requires banks to record and report data on home lending in order to identify possible discriminatory patterns.

• A)Equal Credit Opportunity Act
• B)Community Reinvestment Act
• C) Home Mortgage Disclosure Act
• D) Home Ownership and Equity Protection Act

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Definitions:

Linear Relationship

A relationship between two variables where the change in one variable is directly proportional to the change in another.

Scatter Chart

A type of graph used to display values for two variables for a set of data, showing the relationship between them.

Variables

Features or characteristics that can take on different values in data collection and analysis.

Stacked Column Chart

A graphical representation of data where multiple columns are placed on top of one another to indicate total values and the constituent parts.