In General,you Will Receive Higher Rates of Interest on Your

question 34

Multiple Choice

In general,you will receive higher rates of interest on your certificate of deposit the ____ the maturity and the ____ the dollar amount invested.

• A)shorter; smaller
• B)longer; smaller
• C)longer; larger
• D)shorter; larger

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Definitions:

Standard Error

The standard deviation of a point estimator.

Ith Residual

The difference between the observed value of the dependent variable and the value predicted using the estimated regression equation; for the ith observation the ith residual is yi − yˆi.

Coefficient Of Correlation

A statistical measure that calculates the strength of the relationship between the relative movements of two variables.

R-Square

A statistical measure that represents the proportion of the variance for a dependent variable that's explained by an independent variable or variables in a regression model.