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​Matching -​Statistical Method Used to Classify Neighborhoods by Their Residents' Demographics

question 8

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​Matching
-​statistical method used to classify neighborhoods by their residents' demographics, attitudes, media habits, and buying patterns


Definitions:

Credit Balance

A situation where the total credits in an account exceed the total debits; often indicates amounts owed by a business.

Debit Balance

A financial statement condition where debits exceed the amount of credits in an account.

Unsecured Loan

A loan that doesn't require any collateral and is based primarily on the borrower's creditworthiness and ability to repay.

Beginning Inventory

The price of merchandise available for purchase at the commencement of a fiscal period.

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