Henry has 2 accounts with a credit limit of $6000. He has $500 in monthly debts, including a $200 car payment. He has never made
a late payment. He is close to paying off his mortgage. Which is most likely to occur? A. He will pay a high rate for insurance. B. His application for a business loan will be approved. C. His application for a car loan will be rejected. D. He will have a low credit score.
This sample size it too small. The larger the sample size, the more likely the data will be true to what the question is asking. A larger sample size brings more precision to the question that is being asked.
