Examlex
If two random samples of sizes 30 and 36 are selected independently from two populations with means 78 and 85,and standard deviations 12 and 15,respectively,then the mean of the difference is equal to:
Effective Annual Rate
The interest rate on an investment or loan, which takes compounding into account and is expressed as an annual rate.
Credit Terms
The conditions, including repayment period and interest rates, under which credit is extended by a lender to a borrower.
Credit Extended
Credit extended refers to the amount of credit or loan a lender provides to a borrower, allowing them to purchase goods or services on credit.
Discount
A reduction in the price or value of a product, security, or bond below its nominal or face value, often to encourage sale or investment.
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