Identify each of the variables in the Excel file Credit Approval Decisions as categorical, ordinal, interval, or

Question:

Identify each of the variables in the Excel file Credit Approval Decisions as categorical, ordinal, interval, or ratio and explain why.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Business Analytics Methods Models and Decisions

ISBN: 978-0321997821

2nd edition

Authors: James R. Evans

See More Books

Question Posted: Dec 09, 2015 01:52 AM

See More Questions

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...
Use the k NN algorithm to classify the new data in the Excel file Credit Approval Decisions Coded using only credit score and years of credit history as input variables.
Use discriminant analysis to classify the new data in the Excel file Credit Approval Decisions Coded using only credit score and years of credit history as input variables.
What is a time series? Explain the four characteristics that time series may exhibit and provide some practical examples.
What are the investment proportions of the minimum- variance portfolio of the two risky funds, and what is the expected value and standard deviation of its rate of return? A pension fund manager is...
Repeat Problem 4.5 with the following data: Vi = 16.2; Vf = 10.8 cm3; M1 = 44.6 g, and mass of dry soil, M2 = 32.8 g. In problem A saturated soil used to determine the shrinkage limit has initial...
The response variable $Y_{i j}$ in a $2^{2}$ design can also be expressed as a regression model \[Y_{i j}=\mu+\beta_{1} x_{1}+\beta_{2} x_{2}+\beta_{12} x_{1} x_{2}+\varepsilon_{i j}\] where the...
Refer to the data in S10-8. Using only year-end figures rather than averages, compute the following for Ridgeview Employment Services: a. Net income b. Total liabilities c. Total assets (use the...
List marketing budget and resources required to execute your marketing campaign, and estimate what it will cost. Include items such as labor, materials and other expenses such as: print materials,...
The box plot below shows the amount spent for books and supplies per year by students at four year public colleges. a. Estimate the median amount spent. b. Estimate the first and third quartiles for...
Classify each of the data elements in the Sales Transactions database (Figure 1.1) as categorical, ordinal, interval, or ratio data and explain why. Figure 1.1 A B 1 Sales Transactions: July 14 E H....
A survey handed out to individuals at a major shop-ping mall in a small Florida city in July asked the following: Gender Age Ethnicity Length of residency Overall satisfaction with city services...
A mixture of 60% helium and 40% nitrogen by volume enters a turbine at 150 lbf/in 2, 1500 R at a rate of 4 lbm/s. The adiabatic turbine has an exit pressure of 15 lbf/in 2 and an isentropic...
On December 16, 2005, James M. Eaton, Jr., and Marguerite Eaton [his mother] * * * fi led a complaint against [Bobby Joe] Waldrop alleging, among other things, that Waldrop had fraudulently induced...
Iberia Surgical [LLC] was formed, in August 1998, by a group of physicians practicing in Iberia Parish [Louisiana] for the purpose of establishing an ambulatory, outpatient surgery center. * * * Dr....
Mohammad Salim bought * * * a convenience store and gas station * * * . He made some improvements to the property and then offered it for sale. Talat Solaiman and Sabina Chowdhury approached Salim...
Rick Saldona began working as a traveling salesperson for Aimer Winery in 1988. Sales constituted 90 percent of Saldonas work time. Saldona worked an average of fi fty hours per week but received no...
Plaintiff is a company that owns a shopping plaza called Lammert Center located at 88018845 Ladue Road, St. Louis, Missouri. Defendant leased a portion of Lammert Center and operated a grocery...
Determine if f is odd, even, or neither. f(x) = x - 10
For the vector whose polar components are (Vr = 1, VÎ¸ = 0), compute in polars all components of the second covariant derivative VÎ±;Î¼;Î½. To find...
Explain Apples value proposition and why they can charge more than competitors for similar products.
What is the best way to increase value the most given the information below for one customer? Base Case: Perceived benefits = $50 and Price = $10.00 Improvement Option A: Perceived benefits = $65...
Research and find a value chain integrator in a goods or service focused value chain and write a short paper (maximum of two typed pages) on how it does its job within the supply chain. What value...
How do the resource descriptions (typing) used in the Incident Command System lead to a more effective response?
A company incurs $4172000 of overhead each year across three departments: Ordering and Receiving, Mixing, and Testing. The company prepares 2000 purchase orders, works 50000 mixing hours, and...
Hemming Company reported the following current-year purchases and sales for its only product. Date January 1 January 10 Activities Beginning inventory March 14 March 15 July 30 Sales Purchase Sales...

Identify each of the variables in the Excel file Credit Approval Decisions as categorical, ordinal, interval, or

Question:

Step by Step Answer:

Credit Approval Decisions Data Classificati...View the full answer

Business Analytics Methods Models and Decisions

Students also viewed these Business Communication questions