An engineering company wants to make a loan. The bank constructs a credit check through accessing...
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An engineering company wants to make a loan. The bank constructs a credit check through accessing historic data of companies. The data carried company ID, Years in operation, Size of the company (big or small), loan amount, time a payment was overdue and whether or not the company defaulted. i. ii. iii. Company ID 1 احب اس ام اس | 2 3 4 5 Years 5 9 3 15 4 Size B B S B S Loan amount R60 000 R90 000 R40 000 R20 000 R10 000 Times overdue 1 12 7 15 0 Which variable is the dependent variable? Code the categorical variables numerically for analysis purposes. What are the assumptions of logistic regression? Defaulted No Yes Yes Yes No An engineering company wants to make a loan. The bank constructs a credit check through accessing historic data of companies. The data carried company ID, Years in operation, Size of the company (big or small), loan amount, time a payment was overdue and whether or not the company defaulted. i. ii. iii. Company ID 1 احب اس ام اس | 2 3 4 5 Years 5 9 3 15 4 Size B B S B S Loan amount R60 000 R90 000 R40 000 R20 000 R10 000 Times overdue 1 12 7 15 0 Which variable is the dependent variable? Code the categorical variables numerically for analysis purposes. What are the assumptions of logistic regression? Defaulted No Yes Yes Yes No
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Answer1The company needs to determine if a company is a defaulter or not based on other accessible i... View the full answer
Related Book For
Financial Institutions Management A Risk Management Approach
ISBN: 978-0071051590
8th edition
Authors: Marcia Cornett, Patricia McGraw, Anthony Saunders
Posted Date:
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