I would say an overdraft. As overdraft facility allows the facility holder to withdraw money from the account despite having no balance. There is a limit on the amount that can be overdrawn from the account. The overdraft limit is usually set by the bank basis the amount of working capital, creditworthiness of borrower and security offered by borrower.
I've also provided some advantages and disadvantages for using a overdraft.
I hope it helped you!
Answer:
c. has fallen dramatically in the last few years, with Internet ad sales unable to fill the gap
Explanation:
Newspaper is the most old source of information and country wide updates to human beings.
But with evolution of time, and introduction of internet, people have started using it more, and that the feed of newspaper deliver things late.
Thus, people have switched to internet for information, and also the advertising companies, as the audience is more on internet.
Thus, this clearly depicts that the revenue of newspapers have fallen down because of the rising spread of internet and its increasing users.
To me they should always see if it is real money they are getting before they give them the item.
Answer:
Explanation:
Whenever you merely have one categorical variable within a single population, the goodness fit test is utilized. It's used to see if sample data matches a hypothesized or predicted distribution.
It's used to figure out how a particular phenomenon's observed value differs from the predicted value.
It can also be employed to make comparison of the observed sample to the sample distribution that should have been expected. It determines how closely the theoretical distribution corresponds to the empirical distribution.
Using this as an additional example that has not been discussed:
Consider a firm that produces a card deck. According to the company, 25% of its cards were clubs, 60% were diamonds but not hearts, and 15% were spades. We may collect a random sample of card decks and do a goodness of fit test to check if our sample distribution varied substantially from the company's reported distribution.
Answer: 10%
Explanation:
Amount deposited = 5000
Amount which can be Lent out = 2500
The reserve requirement may be explained as a certain percentage of a commercial bank's deposit that must be held in reserve, this is usually a directive placed on the commercial banks by the central bank of the nation.
The reserve requirement is calculated by finding the proportion of the difference between the amount deposited and the maximum amount that can be Lent out to the total deposited amount.
Mathematically,
Reserve requirement =[ (deposit amount - amount that can be Lent out) / deposit amount] × 100
Reserve requirement : ([(5000- 4500) / 5000] × 100)%
= (500 / 5000) × 100
= 0.1 × 100 = 10%
