Lending Practices at Credit Unions Are Very Much Like Those

question 90

True/False

Lending practices at credit unions are very much like those at banks, but credit unions usually are willing to make smaller loans and will loan only to their members.

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Definitions:

Goodness-of-fit-test

A statistical test used to determine how well sample data fit a distribution from a population with a normal distribution.

Contingency Table

A table used in statistics to show the frequency distribution of variables, helping in analyzing the relationship between them.

Multinomial Proportions

Relative frequencies of outcomes from a multinomial distribution, often used to describe the proportion of outcomes in categorical data.

One-tail Test

A statistical test where the alternative hypothesis specifies a direction of the tested effect.