Question: . A new applicant, age 32, is applying for a loan. Using the table below, what is the estimated probability the loan will default using

. A new applicant, age 32, is applying for a loan. Using the table below, what is the estimated probability the loan will default using k = 3.

Record Age Marital Loan Risk Default 34 Single $5,000.00 High No 2 24 Married $15,000.00 Low No 3 31 Single $7,000.00 Medium Yes 4 32 Other $10,000.00 Medium No 5 44 Married $12,000.00 High Yes O 53 Single $9,000.00 Low No A. 100% B. 66% C. 33% D. 0%

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