Examlex
The high school GPAs of applicants for admission to a college program are recorded and relative frequencies are calculated for the categories.
a.Complete the table to make this a valid probability distribution.
b.What is the probability an applicant's GPA will be below 3.0?
c.What is the probability an applicant's GPA will be 2.5 or above?
Orders to Pay
Instructions typically issued by a debtor authorizing their bank to pay a specified amount of money to a creditor on a certain date.
Certificate of Deposit
A Certificate of Deposit is a financial product offered by banks that provides an interest rate premium in exchange for the customer agreeing to leave a lump-sum deposit untouched for a predetermined period of time.
Bank
A financial institution licensed to receive deposits, offer loans, and provide various financial services to its customers.
Check
A written, dated, and signed instrument that directs a bank to pay a specific sum of money to the bearer.
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