Which of the Following Electronically Subtracts Money from Your Savings

question 100

Multiple Choice

Which of the following electronically subtracts money from your savings or checking account to pay for goods and services?

• A) A credit card
• B) Closed-end credit
• C) A debit card
• D) A gift card
• E) A home equity loan

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Definitions:

Standard Error

A measure of the statistical accuracy of an estimate, calculated from the standard deviation of a series of estimates.

Population Standard Deviation

A measure of the dispersion or spread of a set of data points in a population.

Standard Error

The standard deviation of the sampling distribution of a statistic, commonly used to measure the accuracy of a sample mean.