Question: For the loan delinquency data in Exercise 17.64 and listed in file XR17064, fit a multiplicative model and use it to estimate the delinquency rate

For the loan delinquency data in Exercise 17.64 and listed in file XR17064, fit a multiplicative model and use it to estimate the delinquency rate for all insured commercial bank loans when the delinquency rates for credit cards and residential loans are 4.0% and 2.0%, respectively.
In exercise
For the loan delinquency data in Exercise 17.64 and listed

Year All Loans Credit Cards Residential Loans 2000 2.1896 2001 2.61 2002 2.69 2003 2.33 2004 1.80 2005 .57 2006 1.57 2007 2.06 4.50% 4.86 4.87 4.47 4.11 3.70 4.01 4.25 2.11% 2.29 2.11 1.83 1.55 1.55 1.73 2.57

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