In 1992 the Bank of Canada Removed the Reserve Requirement

question 185

True/False

In 1992 the Bank of Canada removed the reserve requirement.

---

Definitions:

Statistical Measure

A statistical measure is a quantitative value that describes a characteristic of a sample or population, such as mean, median, or standard deviation.

Variables

Elements or factors that can change and affect the outcome of a study or experiment.

Representative Sample

A sample that accurately reflects the characteristics of the population from which it is drawn, ensuring research findings are generalizable.

Random Sample

A sample drawn in such a way that every member of the population has an equal chance of being selected, leading to a representative subset.