This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A U.S. government report stated that "With bank interest rates at 3.0%, 21% of wage earners believe ... (Read 27 times)

WWatsford

  • Hero Member
  • *****
  • Posts: 539
    • Biology Forums!
on: Jan 18, 2020
A U.S. government report stated that "With bank interest rates at 3.0%, 21% of wage earners believe it worthwhile to keep money in a savings account. However, at 5.0% interest, 27% of wage earners believe it worthwhile to keep money in a savings account. The margin of error for both studies is 4 percentage points." A proper conclusion from the studies is that
◦ increasing the interest rate will increase the number of persons saving money in a savings account.
◦ increasing the interest rate by 2 percentage points will increase the number of persons saving money in a savings account.
◦ increasing the interest rate may well have no effect on the number of persons saving money in a savings account.
◦ the interest rate difference between 3% and 5% may well have no effect on the number of persons saving money in a savings account.
Statistical Reasoning for Everyday Life ¦ Bennett, Briggs, Triola ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by WWatsford on Jan 18, 2020

millet

  • Sr. Member
  • ****
  • Posts: 354
Reply #1 on: Jan 18, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


WWatsford

  • Member
  • Posts: 539
Reply 2 on: Jan 18, 2020
Excellent

apple

  • Member
  • Posts: 352
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Pacific hagfish at 150 meters depth, California, Cordell Bank National Marine Sanctuary. Pacific hagfish at 150 meters depth, California, Cordell Bank National Marine Sanctuary.
A comparison of adiabatic and environmental cooling rates. A comparison of adiabatic and environmental cooling rates.
Change in air temperature at various air flow rates for a 7 pass operation Change in air temperature at various air flow rates for a 7 pass operation
Government in America: People, Politics, and Policy, AP Government in America: People, Politics, and Policy, AP
Post-term birth rates, by province/territory, Canada Post-term birth rates, by province/territory, Canada
Piggy bank Piggy bank
Video: Muscular System Animation

For a complete list of videos, visit our video library