Your company provides credit to customers. Some of these customers default on their loans, with very negative

Question:

Your company provides credit to customers. Some of these customers default on their loans, with very negative implications for you. Describe how you could use discriminant analysis to learn what distinguishes the customers who default on their loans from those who pay back their loans. How might you use such a model?

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

Step by Step Answer:

Related Book For  book-img-for-question

Practical Management Science

ISBN: 978-1305250901

5th edition

Authors: Wayne L. Winston, Christian Albright

Question Posted: