The Two Terms, Microfinance and Micro-Credit, Are the Same in Terms

question 54

True/False

The two terms, microfinance and micro-credit, are the same in terms of meaning, scope, and application.

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Definitions:

Error Terms

Components of a statistical model that represent the difference between observed and predicted values.

Time

The ongoing and continuous sequence of events that occur in succession, from the past through the present to the future.

Residuals

The variance between actual observed data points and the values forecasted by a computational model.

Telemarketing Sales

The direct marketing of goods or services to potential customers over the telephone or through subsequent calls.