Types of Credit Represent What Score Input When Calculating Your

question 74

Multiple Choice

Types of credit represent what score input when calculating your FICO score?

• A) 35%.
• B) 30%.
• C) 20%.
• D) 10%.

---

Definitions:

Data

Information collected together for reference or analysis, usually in numerical or categorical form.

Sampling Error

The difference between the sample statistic and the actual population parameter, which results from selecting a sample rather than conducting a census.

Confidence Level

The probability that a parameter lies within a specified range of values, often expressed as a percentage.

Proportion

A part, share, or number considered in comparative relation to a whole, often expressed as a fraction or percentage.