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Read the following scenario and answer the questions below.
After meeting with their instructor, Pablo and Johanna know that they need to change their experimental design. They contact a local puppy farm and arrange to do their study with 3- month- old litters of pups from four Irish setters, for a total of 24 puppies consisting of 12 females and 12 males.
-If the puppies in the experimental group gain, on average, 3 pounds more than those in the control group over a 4- month period and seem healthier and more energetic, then ____________.
EAR
Effective Annual Rate, a comprehensive calculation of interest on a loan or investment, considering the effect of compounding.
APR
Annual Percentage Rate; the annual rate charged for borrowing or earned through an investment, accounting for compounding over the year.
Savings Account
A bank account where money is kept for savings purposes and earns interest over time.
Stated Interest Rate
The annual interest rate declared on a bond or loan, not accounting for compounding or the effect of any fees.
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