The Small Business 7(a)Guaranty Program

question 28

Multiple Choice

The Small Business 7(a) Guaranty program:

• A) guarantees up to 50 percent of the amount loaned.
• B) helps qualified small businesses obtain financing when they cannot obtain it through regular lending channels.
• C) has a maximum loan amount of $10 million.
• D) loans can be used only for machinery and equipment, and land and building.

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Definitions:

Pooled Proportion Estimate

A method used to estimate the combined proportion from two or more groups, assuming that the underlying proportions across groups are the same.

Null Hypothesis

A statistical hypothesis that assumes no significant difference or effect exists among the variables studied.

Population Proportions

The fraction or percentage of units in a population that have a particular attribute.

Pooling

The process of combining data from different sources or groups to perform a collective analysis.