In the descriptive statistics of the screening test scores for the students who did not default, identify
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In the descriptive statistics of the screening test scores for the students who did not default, identify the value of the third quartile and interpret its meaning. If this numerical value had been established as a cutoff for receiving a computer loan, what percentage of those who repaid would have been denied a loan in the first place? Comment on the advisability of setting a cutoff score that is this high.
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