Which of the Following Does Not Require You to Have

question 10

Multiple Choice

Which of the following does not require you to have a good credit rating to issue you a loan?

• A)Your family
• B)Savings and loan
• C)Commercial bank
• D)All of the above require a good credit rating to issue a loan.

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Definitions:

Binomial Experiment

An experiment or trial that can result in only two possible outcomes, such as success or failure, and follows the binomial distribution.

Probability of Success

The likelihood measured as a fraction or percentage, of achieving a desired outcome or positive result in an experiment or trial.

Variance

A measure of how much values in a data set differ from the mean, indicating the distribution's spread.

Normal Distribution

The distribution is symmetric relative to the mean, with a notable prevalence of data points in close proximity to the mean compared to those farther away.