Which of the Following Is an Example of Open-End Credit

question 71

Multiple Choice

Which of the following is an example of open-end credit?

• A) An automobile loan
• B) A department store credit card
• C) An installment loan for purchasing furniture
• D) A mortgage loan
• E) Single lump-sum credit

---

Definitions:

Median

A statistic specifying the middle value of the items in a class on a quantitative variable P.

Parasites

Organisms that live on or within another organism (the host), from which they obtain nutrients at the host's expense.

Relative Frequency

The proportion of times a particular value occurs in relation to the total number of observations.

Distribution

The arrangement, frequency, or spread of something across a particular area or among a specified group.