When a Talented Student from a Poor Family Is Unable

question 6

Multiple Choice

When a talented student from a poor family is unable to receive a loan because she has no collateral,this _________ can be addressed by __________.

• A) government failure; the privatization of education
• B) government failure; the abolition of the federal Department of Education
• C) credit market failure; the privatization of education
• D) credit market failure; government intervention

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Definitions:

Inferential Statistics

The branch of statistics that allows for making predictions or inferences about a population based on a sample of data.

Descriptive Statistics

Statistical methods that summarize and organize data into patterns and trends, without drawing conclusions or inferring beyond the data.

Correlation Coefficient

A statistical measure that calculates the extent to which two variables change together or the degree of association between them.

Correlate

To have a mutual relationship or connection, in which one thing affects or depends on another.