Match the Following Terms with Their Definitions

question 68

Multiple Choice

Match the following terms with their definitions.
-Monthly

• A)Year times number of times compounded in one year
• B)Twice a year
• C)Stated rate
• D)True rate of interest
• E)Amount calculated on adjusted principal
• F)Periodically interest is calculated and added to principal
• G)Rate divided by number of times compounded per year
• H)Know future amount looking for present
• I)Four times per year
• J)Twelve times per year

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Definitions:

Expected Frequency

The theoretical frequency of an event or category estimated from a probability distribution or sample data.

Groups

Sets of subjects or items that are classified together based on shared characteristics or for purposes of an experiment or study.

Total N

The total number of observations, subjects, or participants included in a study or experiment.

Degrees Of Freedom

The number of independent pieces of information on which a statistical estimate is based, minus the number of parameters estimated.