When a Portion of a Loan Is Sold from a Large

question 61

True/False

When a portion of a loan is sold from a large bank to a small bank, it is often called a participation.

---

Definitions:

Sample Variance

The variance calculated from a sample of a population, used to estimate the population variance.

Applicants' Grades

The academic scores or marks achieved by applicants, often used in selection processes for education or employment to assess their qualifications or potential.

Sum of Squared Deviations

The total sum of the squared differences between each observation in a dataset and the overall mean, used as a measure of variability.

Population Variance

The variance computed for the entire population of data, representing the true variance of the data set.