Which Statement About Debit Cards Is Correct

question 30

Multiple Choice

Which statement about debit cards is correct?

• A) When using a debit card, you are limited to the funds in your bank account.
• B) You should write your PIN on the back of your debit card so you don't forget it.
• C) Debit card accounts work the same way as credit card accounts.
• D) Making purchases with a debit card helps to establish a good credit rating.

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Definitions:

Independent Variable

The variable in a study or experiment that is manipulated or considered as the cause to determine its effect on a dependent variable.

Dependent Variable

The variable in an experiment that is expected to change as a result of manipulations to the independent variable.

Highly Correlated

Refers to two or more variables that have a strong linear relationship with each other, indicated by a correlation coefficient close to either 1 or -1.

Linear Regression Model

An approach in statistics that aims to represent the connection between a dependent variable and one or more independent variables through the application of a linear equation to the data observed.