axel reads that 7.2% of borrowers are more than 90 days late on their car loan payments. he wants to compare…

axel reads that 7.2% of borrowers are more than 90 days late on their car loan payments. he wants to compare this statistic to his banks data. axel creates this graph of the late payment status for all car loans at his bank. which of the following statements best describes axels findings? delinquency rate of car loans 30 days late 9.1% 90+ days late 5.6% 60 days late 4.3% on time 81% a) axels findings are relevant but insignificant. b) axels findings are relevant and significant. c) axels findings are irrelevant but significant. d) axels findings are irrelevant and insignificant.

axel reads that 7.2% of borrowers are more than 90 days late on their car loan payments. he wants to compare this statistic to his banks data. axel creates this graph of the late payment status for all car loans at his bank. which of the following statements best describes axels findings? delinquency rate of car loans 30 days late 9.1% 90+ days late 5.6% 60 days late 4.3% on time 81% a) axels findings are relevant but insignificant. b) axels findings are relevant and significant. c) axels findings are irrelevant but significant. d) axels findings are irrelevant and insignificant.

Answer

Brief Explanations:

Axel compara una estadística general de morosidad de préstamos automotrices con los datos de su banco. El 7,2% de los deudores en general son más de 90 días morosos, mientras que en su banco solo el 5,6% lo son. Estos datos son relevantes para evaluar la situación de morosidad del banco y son significativos ya que hay una diferencia notable.

Answer:

B) Axel's findings are relevant and significant.