Consider the sample from a bank database shown in Table 2.16; it was selected randomly from a larger database to be the training set. Personal Loan indicates whether a solicitation for a personal loan was accepted and is the response variable. A campaign is planned for a similar solicitation in the future and the bank is looking for a model that will identify likely responders. Examine the data carefully and indicate what your next step would be.

OBSAGEEXPERIENCEINCOMEZIP FAMILYCC EDUCMORTGAGEPERSONALSECURITIES CODE AVG LOAN ACCT 125 49 91107 4 1.6 435 100 94112 1 2.7 12 535 4591330 4 12 DO OOH 935 10 8190089 3 0.6 2 1040 O 10 34 91 18093023 1 8.9 13 01 O 12 29 1590277 3 oo O 1738 14 13095010 4 4-7 1341 O 1842 181 8194305 4 2.4 O 2156 31 2594015 4 0.9 1110 2643 19 29 94305 3 0.5 1 970 2956 30 4894539 1 2.2 13 Do 3038 13 119 94104 1 3-3 2 01 3531 51 5094035 1.8 oo 3648 24 8192647 3 0.7 759 35 12194720 1 2.9 oo 25 7195814 1 1.4 1980 O 3942 18 14194114 3 5 01 4157 32 8492672 3 1.6 DO