The Lake Ontario Credit Union Selected a Sample of 40

question 47

Multiple Choice

The Lake Ontario Credit Union selected a sample of 40 student chequing accounts. Below is a chart of their end-of-the-month balances. The bank considers any student with an ending balance of $400 or more a "preferred customer". Estimate the number of preferred customers in this sample.

• A) 10
• B) 20
• C) 30
• D) 40

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Definitions:

Marbury V. Madison

A landmark Supreme Court case in 1803 that established the principle of judicial review in the United States.

Opinion

A personal view, judgment, or appraisal, not necessarily based on fact or knowledge.

Privileges And Immunities Clause

Clause in the U.S. Constitution requiring a state to grant citizens of other states the same legal benefits that it grants its own citizens.

Discriminate

To make a distinction in favor or against someone based on the group, class, or category rather than according to actual merit; often refers to unfair treatment based on personal characteristics.