The Bailout Program for the Failed S & Ls, Initiated

question 69

Multiple Choice

The bailout program for the failed S & Ls, initiated in the early 1990s, resulted in which of the following?

• A) The recovery of most of the lost money
• B) The inability of the government to unload any of the failed S & L's assets
• C) New opportunities for suspect profiting by developers, speculators and investors
• D) The restoration of the failed thrifts to a uniformly profitable status

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Definitions:

Normally Distributed

Describes a dataset whose distribution forms a symmetrical, bell-shaped curve when plotted, characterized by specific mean and standard deviation values.

Independent

Describes a characteristic of variables in an experiment or study that are not influenced or caused by another variable.

Standard Deviation

An indicator of the diversity or variability within a data set, reflecting how much individual data points differ from the mean.

Normally Distributed

Refers to a probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean.