A Point Is a Value Equal to ____________________ of a Mortgage

question 14

Multiple Choice

A point is a value equal to ____________________ of a mortgage loan.

• A)1 percent
• B)2 percent
• C) 5 percent
• D) 10 percent

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Definitions:

Regression

A statistical method used to determine the relationship between a dependent variable and one or more independent variables.

Correlation

A statistical measure that describes the extent to which two variables change together, and how strong the relationship is between them.

NHL Team

A professional ice hockey team that competes in the National Hockey League, a major league in North America.

Average Attendance

The mean number of individuals present at a series of events or within a given period.