A confounding variable is an extraneous variable that is related to your independent variable and might affect your dependent variable. In an ideal study, there will be no confounding variables.
For example, student accounts have a limit of $100 limit per day, while non-business accounts usually are limited to $500 withdrawals a day. For business accounts, the bank offers $1000 withdrawals in one day. Chase also offers customers a withdrawal limit of $1000 every 24 hours.
I personally received a flyer from Chase that offered $100 to deposit $10,000 for 90 days into a new or existing Chase Savings account.. In the small print, the advertisement notes: The APY is 0.01% for all balances in all states.Interest rates are variable and subject to change. personally received a flyer from Chase that offered $100 to deposit $10,000 for 90 days into a new or existing Chase Savings account.. In the small print, the advertisement notes: The APY is 0.01% for all balances in all states.