Which of the Following Are Potential Benefits of Technology for an FI

question 15

Multiple Choice

Which of the following are potential benefits of technology for an FI?

• A)service quality, especially for customers of large banks
• B)the rate of innovation of new products has increased
• C)FIs can more easily cross-market new and existing products to customers
• D)All of the listed options are correct.

---

Definitions:

Square Root

A function in mathematics that generates the initial number upon being squared.

Standard Deviation

A metric that gauges the extent to which a collection of numbers is spread or varies.

Variance

A measure of how spread out a set of data is, specifically, the average of the squared differences from the mean.

Compute

To calculate or process information by performing mathematical operations, often using a computer.