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Read the Following Scenario and Answer the Questions Below

question 16

Multiple Choice

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 ____________.


Definitions:

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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