(Solved by Humans)-A U.S. government report stated that, "With bank interest rates
Question
A U.S. government report stated that, ?With bank interest rates around
1.0%, 8% of wage earners believe it worthwhile to keep money in a
savings account. However, at 3.0% interest, 36% 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:
| ? A. increasing the interest rate from 1% to 3% will increase the number of? persons saving money in a savings account. |
| ? B. increasing the interest rate may well have no effect on the number of? persons saving money in a savings account. |
| ? C. increasing the interest rate will increase the number of persons saving? money in a savings account. |
| ? D. the interest rate difference between 1% and 3% may well have no effect? on the number of persons saving money in a savings account. |
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