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Exam (elaborations)

BUSN11 Module 4 Questions with Correct Answers

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BUSN11 Module 4 Questions with Correct Answers Identify a true statement about subprime mortgage loans. - Answer-They are lent to borrowers with high debt-to-income ratios. In most nations, the unemployment rate includes only individuals over the age of 21 who were involuntarily laid off or ...

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  • September 2, 2024
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  • Exam (elaborations)
  • Questions & answers
  • BUSN11
  • BUSN11
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Scholarsstudyguide
BUSN11 Module 4 Questions with
Correct Answers

Identify a true statement about subprime mortgage loans. - Answer-They are lent to
borrowers with high debt-to-income ratios.

In most nations, the unemployment rate includes only individuals over the age of 21
who were involuntarily laid off or terminated from their previous jobs. - Answer-False

_________ refers to Federal Reserve decisions that shape the economy by influencing
interest rates and the supply of money. - Answer-Monetary Policy

The discount rate is the interest rate the Fed charges on its loans to commercial banks.
- Answer-True

When the sum of the lowest data value and the highest data value is divided by 2, the
measure is called the _________. - Answer-Midrange

When the mean is computed for individual data, all values in the data set are used. -
Answer-True

A single, extremely large value can affect the median more than the mean. - Answer-
False

One disadvantage of the median is that it is not unique. - Answer-False

P50 corresponds to - Answer-Q2


A group of subjects selected from the group of all subjects under study is called a(n)
___________. - Answer-sample

The four basic sampling methods are - Answer-Random
Systemic
Cluster
Stratified

A study that involves no researcher intervention is called - Answer-an observational
study

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