Question: 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

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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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 full answer

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