Which of the Following Observations Is Not Correct

question 54

Multiple Choice

Which of the following observations is not correct?

• A)Most loans are sold with recourse.
• B)Loan sales are a primitive substitute for securitisation.
• C)Selling of a loan creates a secondary market for loans.
• D)Ownership of the loan is always transferred to the loan purchaser.

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Definitions:

Probability

The likelihood or chance of a particular event happening, often expressed as a number between 0 and 1.

Sample Size

Sample size is the number of observations or elements chosen from a population for analysis, which can affect the accuracy and reliability of statistical results.

Population Size

The total number of individuals or units in the group that a researcher or analyst is interested in studying.

Probability Of Success

The likelihood of a particular outcome deemed as 'success' occurring in a given trial or experiment.