A lending institution supplied the following data on loan approvals by four loan officers. Use α = .05 and test to determine whe
ther the loan approval decision is associated with the loan officer reviewing the loan application.
Loan Approval Decision
Loan Officer Approved Rejected
Miller 24 16
McMahon 17 13
Lee 35 15
Sanchez 11 9
Loan Approval Decision
Loan Officer Approved Rejected
Miller 24 16
McMahon 17 13
Lee 35 15
Sanchez 11 9
1 answer:
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Answer:
C) Both
Step-by-step explanation:
The given equation is:
To solve the given equation, we can use the Zero Product Property according to which if the product <em>A.B = 0</em>, then either A = 0 OR B = 0.
Using this property:
So, Erik's solution strategy would work.
Now, let us discuss about Caleb's solution strategy:
Multiply i.e.
=
So, the equation becomes:
Comparing this equation to standard quadratic equation:
a = 3, b = -10, c = -8
So, this can be solved using the quadratic formula.
The answer is same from both the approaches.
So, the correct answer is:
C) Both