In a 2 X 2 Table There Are ( R

question 143

True/False

In a 2 x 2 table there are ( r - 1)( c - 1) degrees of freedom.

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Definitions:

Bank Loan

A sum of money lent by a bank to a borrower at an interest rate, which is to be repaid with interest according to the terms of the loan agreement.

Interest Rate

The percent of principal charged by the lender for the use of its money.

Prime Rate

The interest rate that commercial banks charge their most creditworthy customers, often used as a benchmark in lending.

Lender

An individual, financial institution, or other entity that provides funds to a borrower under the condition of future repayment with interest.