Answer:
This question is incomplete, the options are missing. The options are the following:
a) Ceiling effect.
b) Floor Effect.
And the correct answer is B: Floor effect.
Explanation:
To begin with, in the field of statistics the term known as "Floor Effect" refers to the situation in where the gathering of data regarding an statistic instrument about a subject turns out to have a lower limit to the data values it can reliably specify. And the floor is understood to be as that lower limit in the chart or graphic created in the study of the subject. Moreover, this term is also used in the field of psychology when test are done to subjects in study as well.
Answer:
D hope that helps you out
Answer:
present value = $57.14.28
present value = $2857.13
Explanation:
given data
perpetuity value = $400
interest rate = 7% = 0.07
interest rate = 14% = 0.14
to find out
What is the present value
solution
we get her present value that is express as
present value = 
............1
put here value for rate 7% and 14%
present value = 
present value = $57.14.28
and
present value = 
present value = $2857.13
Answer:
Retail banks operate in order to earn profit, while credit unions are nonprofit
Explanation:
What is a major difference between retail banks and credit unions?
Retail banks only serve businesses, while credit unions only serve individuals.
- This answer is false, both retail banks and credit unions serve businesses and individuals.
Retail banks operate in order to earn profit, while credit unions are nonprofit.
- This answer is true, retail banks earn profits while credit unions are non-profits.
Retail banks only have small local branches, while credit unions are nationwide.
- This answer is false. Generally speaking, retail banks have a much larger geographic footprint than credit unions. Many retail banks are found across the entire country (and sometimes world!) but most credit unions are focused on serving their local community.
Retail banks manage a person's money, while credit unions focus on providing loans.
- This answer is false. Both retail banks and credit unions offer money/investment management services in addition loans. The financial products offered by retail banks and credit unions depend on the market served and business conditions.
