You are the Risk Director of ABC, Banco International. In 2019, the credit portfolio amounted to $45,000,000
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You are the Risk Director of ABC, Banco International. In 2019, the credit portfolio amounted to $45,000,000 and the official wants to estimate the losses of said portfolio based on past experience. In this analysis, the following regression equation has been established; y = 112933 + 0.0192x. Using the equation described, calculate the amount of the estimated losses for 2019 .
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