In Most Cases,the Collecting Bank Is the Same as the Payor

question 63

True/False

In most cases,the collecting bank is the same as the payor bank.

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Definitions:

Type I Error

A Type I Error occurs when the null hypothesis is incorrectly rejected when it is actually true.

Set Of Comparisons

A general term that could describe various statistical or evaluative processes aimed at comparing different sets of data or outcomes.

Familywise Error

The probability of making one or more Type I errors across multiple hypothesis tests.

Tukey Test

A statistical test used to compare the means of three or more groups to find out which ones significantly differ from each other.