Apply cluster analysis to the numerical data in the Excel file Credit Approval Decisions. Analyze the clusters

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Apply cluster analysis to the numerical data in the Excel file Credit Approval Decisions. Analyze the clusters and determine if cluster analysis would be a useful classification method for approving or rejecting loan applications.

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Business Analytics Methods Models and Decisions

ISBN: 978-0321997821

2nd edition

Authors: James R. Evans

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Question Posted: Dec 09, 2015 02:06 AM

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Apply cluster analysis to the numerical data in the Excel file Credit Approval Decisions. Analyze the clusters

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Credit Approval Decisions Clustering does not appear to be effective Homeowner Credit Score Years of Credit History Revolving Balance Revolving Utilization Decision Cluster ID 1 725 20 11320 25 1 1 1 ...View the full answer

Business Analytics Methods Models and Decisions

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