Truth in Lending Act is the federal law that requires the cost of credit be disclosed to consumers in bold print on loan agreement
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Explanation:</u></h3>
The Truth in Lending Act (TILA) passed in 1968 to take care whether the consumers are treated fairly by revealing about the true cost of credit. The credit documents should be made very clear to the consumers. It does not place limitations on banks about how enough interest they may impose or whether they must give a loan.
This TILA statement includes annual percentage rate, schedule of payment and finance charges and the repayment within loan lifetime. Regulation Z is alternative name for Truth in Lending Act. Both the terms can be used in all aspects of lending and credit card purposes.
Answer:
The conclusion is false, because it is assuming that correlation = causation.
Explanation:
An important principle in statistical analysis is the principle that when correlation exist between two variables or more, it does not mean that one of the variables are causing the other to appear in a certain manner.
Remember that correlation means that you are investigating whether a relationships exists between two variables; in this example, as we can see, it is between the biodiversity in an ecosystem and the population of an insect.
The graph can be said to illustrate the result of the research; that as the biodiversity of the ecosystem goes down, the insect's population goes up. This is a form of negative correlation.
However - we do not know what is the direction of the relationship; the student concludes that as some insects die within the ecosystem, the researched insect's population goes up; assuming that the predator species died off and thus the researched insect's population increases.
Yet, it is also possible for the relationship to go towards the other direction; the researched insect population increases - perhaps by the introduction of a new food source that causes the species' population to increase - and thus, this damages the biodiversity of the ecosystem, making the population go down since it is possible that the researched insect is instead the species which is on top of the food chain at that ecosystem.
To investigate the direction of a relationship, further research need to be done and more sophisticated statistical methods need to be used.
Answer:
the answer to this Question is Wood
Explanation:
Answer:
Creating social media profiles
Explanation:
Is expected that the users alreday have their own media profiles. Also, creating a profile does not garantee any interaction or engagement with other users, a platforms or a specified segment. The best way sto angage users to any product/media are to share content, angege key influencers, be in touch with the target subjects and broadcast relevant content.