Question: Logistic regression is applied increasingly to large financial databases, such as for credit scoring to model the influence of predictors on whether a consumer is
Logistic regression is applied increasingly to large financial databases, such as for credit scoring to model the influence of predictors on whether a consumer is creditworthy. The data archive found under the index at www.stat.uni-muenchen.de contains such a data set that includes 20 covariates for 1000 observations. Build a model for credit worthiness using the predictors running account, duration of credit, payment of previous credits, intended use, gender, and marital status.
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