The Reserve Ratio Is 10% and a Bank Has $600,000

question 325

Multiple Choice

The reserve ratio is 10% and a bank has $600,000 in transaction deposits. The amount of reserves equals

• A)$6,000.
• B)$60,000.
• C)$600,000.
• D)undeterminable without information on cash reserves.

Understand the application of different bootstrap confidence interval methods (e.g., percentile, BCa) depending on the bias and sample size.

Apply the concept of resampling with replacement in the bootstrap method.

Analyze the effect of sample size on the reliability of bootstrap inference.

Understand the principles and validity conditions of permutation tests compared to other statistical tests.