Credit Scores in the 500-600 Range Will Result in

question 86

Multiple Choice

Credit scores in the 500-600 range will result in

• A)lower interest rates.
• B)higher interest rates.
• C)automatic acceptance of your credit application.
• D)preferential treatment of your application.

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Definitions:

Degrees Of Freedom

The total of independent variables or amounts that may be allocated to a statistical distribution.

Error

A discrepancy between a computed, estimated, or measured value and the true, specified, or theoretically correct value.

Interaction

A situation in statistical analysis where the effect of one variable depends on the state of another variable.

F-Tests

A class of statistical tests used to compare the variances of two populations to ascertain if they are equal or not.