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An Acknowledgment by a Bank That It Has Received Money

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An acknowledgment by a bank that it has received money from a customer with a promise by the bank that it will repay the money received at a specified date is a note.


Definitions:

Population Proportion

The fraction or percentage of individuals in a population that exhibit a specific attribute or characteristic.

Sample Proportion

The ratio or fraction of sample observations that belong to a particular category or characteristic.

Standard Deviation

A parameter for evaluating the breadth of dispersion or difference in a set of figures.

Sample Proportion

The fraction of items in a sample meeting a certain criterion, representing a subset of the population fraction with that characteristic.

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