Examlex
Funds from short-term loans can generally be obtained faster than from long-term loans for two reasons: (1)when lenders consider long-term loans they must make a more thorough evaluation of the borrower's financial health,and (2)long-term loan agreements are more complex.
Normal Populations
A population distribution that follows a normal (Gaussian) curve, where most observations cluster around the mean, and probabilities for values can be calculated using the curve.
Independent Sample
A sample that is selected from a population in such a way that the entities are not related or do not affect each other.
Sampling Distribution
The likelihood distribution of a specific statistic derived from a random selection.
Independent Sample
Samples that are collected in such a way that the selection of one sample does not influence the selection of another, ensuring that observations between samples are not related.
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