When a Machine Erroneously Clears a Piece of Luggage That

question 13

True/False

When a machine erroneously clears a piece of luggage that actually contains a bomb,this is a Type I error.

---

Definitions:

Interest Value

The amount of income earned from an investment, typically expressed as a percentage of the principal.

Face Value

The nominal or dollar value printed on a security or a financial instrument, such as a bond or stock, representing its legal value.

Maturity Value

The amount to be received at the maturity date of an investment, typically the principal plus interest.

Note Duration

The term or length of time until a promissory note, bond, or other financial instrument reaches its maturity date.