By the Height of the U

question 171

Multiple Choice

By the height of the U.S.housing bubble in 2005 and early 2006, lenders had greatly loosened the standards for obtaining a mortgage loan, with many mortgages being granted to ________ borrowers with flawed credit histories and ________ borrowers who did not document their incomes.

• A)sub-prime; "Alt-A"
• B)adjustable rate; shadow-banking
• C)"credit crunch"; black market
• D)"fresh-start"; prime rate
• E)domestic; foreign

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Definitions:

Confidence Interval

A breadth of values, derived from sample observations, with a high chance of containing an unknown population parameter's value.

Level Of Significance

The probability of rejecting the null hypothesis in a statistical test when it is actually true, often denoted by alpha.

Null Hypothesis

A statistical hypothesis that suggests there is no significant effect or difference between certain data sets or variables.

One-Tail T-Test

A statistical hypothesis test used to determine if there is a significant difference in the means of two groups in one direction.