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emmainna [20.7K]
2 years ago
16

Which describes the difference between secured and unsecured credit?

Mathematics
2 answers:
Zolol [24]2 years ago
8 0

Answer:

Step-by-step explanation:

When a lender lends credit say for purchase of a car or a house, the lender will get some security for his safety of funds.  In case of default, he resorts to selling the security and getting his credit adjusted.

Example: housing loan, car loan, etc.

When a credit is extended without any collateral security or prime security is it unsecured.  Example, credit cards, student loans, personal loans.  These are given only depending on the reputation of the borrower without any other security to be sold in case of default.

kramer2 years ago
7 0
A secured credit is secured by something else. An example is that a home mortgage is secured by the home.
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Which data sets have outliers? Check all that apply.
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Answer:

(B), (D) and (E)

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An outlier is an observation which is quite different or very far from the rest of the given values of the data set.

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14, 21, 24, 25, 27, 32, 35

Since, in the given data set, the values ranges from 14 to 35 in which no outlier is present, thus this data set does not contain any outlier.

thus, this option is incorrect.

(B) The given data set is:

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In this data set, 78 is an outlier since it is quite far from the rest of the given data values, thus this option is correct.

(C) The given data set is:

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(D) The given data set is:

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Pythagorean relationship:brainly.com/question/14532944

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