Information Express Is a Privately Owned and Operated Organisation That

question 9

Multiple Choice

Information Express is a privately owned and operated organisation that collects credit information on business firms.After the organisation analyses and evaluates the data, it makes credit ratings available to client companies for a fee.Information Express is a:

• A)trade-credit agency.
• B)financial credit agency.
• C)credit collection agency.
• D)credit bureau.

---

Definitions:

Confidence Interval

A range of values, derived from sample statistics, that likely contains the true value of an unknown population parameter.

Standard Error

The standard deviation of the sample distribution of a statistic, often used in the context of mean.

Mean

The central or typical value in a distribution, calculated as the sum of all observations divided by the number of observations.

Confidence Interval

A swath of values, taken from statistical analyses of a sample, anticipated to hold within it the value of a not-yet-known population trait.