Between 1930 and 1933,many Banks in the U

question 96

Multiple Choice

Between 1930 and 1933,many banks in the U.S.failed because:

• A)the FDIC moved too slowly to prevent the bank failures.
• B)most bankers were either corrupt or incompetent.
• C)of excessive regulation by the federal government.
• D)people shifted their funds to take advantage of rising stock market prices.
• E)people lost confidence in them.

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Definitions:

Categorical Variables

Variables that represent types or categories that data can fall into; they can be nominal (no specific order) or ordinal (with some order or ranking).

Quantitative Variables

Variables that are measurable and can be expressed numerically, representing counts or measurements.

Categorical Data

Data that can be separated into specific categories according to distinct characteristics that are non-numeric.

Geographical Areas

Refers to specific physical locations defined by natural or artificial boundaries.