For a Normal Curve, One Standard Deviation from the Mean

question 24

Multiple Choice

For a normal curve, one standard deviation from the mean comprises what percentage of the observations?

• A) 42%
• B) 68%
• C) 75%
• D) 95%

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Definitions:

Intermediate-Term Credit

Intermediate-term credit involves loans or financial credit with a repayment period typically ranging from one to five years.

SBA Express Program

A relatively new loan program available through the SBA that simplifies the paperwork that has historically been required.

Conventional Loans

A mortgage loan that is not insured or guaranteed by the federal government, typically requiring a higher credit score and a minimum down payment.

Potential Lender

An individual or institution considering the provision of credit or loans to borrowers under specific conditions.