In a 'XYZ' Bank, the loan department needs to predict if the customer will apply for...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
In a 'XYZ' Bank, the loan department needs to predict if the customer will apply for * a housing loan or not. Given past data of customers. Identify the feature which would be the split note in Decision Tree using Chi- Square, were chi-square is defined as ((O - E)^2)/ E (Note: Retain expected values as whole numbers, ex: 4.3 as 4 and 4.5 as 5) Job Education Any Previous Loan Housing Salary Loan Business Schooling No Low No Salaried Schooling Yes High No Business PG degree Yes Medium Yes Research Assistant Phd Yes High No Salaried PG degree No Medium No Salaried PG degree No High No Business Phd Yes Low Yes Salaried Phd Yes Medium Yes Salaried Phd No High No Business UG degree Yes Medium Yes Research UG degree Yes Medium No Assistant Business Phd No Low No Research Assistant PG degree Yes Medium No Salary Education Any Previous Loan Job In a 'XYZ' Bank, the loan department needs to predict if the customer will apply for * a housing loan or not. Given past data of customers. Identify the feature which would be the split note in Decision Tree using Chi- Square, were chi-square is defined as ((O - E)^2)/ E (Note: Retain expected values as whole numbers, ex: 4.3 as 4 and 4.5 as 5) Job Education Any Previous Loan Housing Salary Loan Business Schooling No Low No Salaried Schooling Yes High No Business PG degree Yes Medium Yes Research Assistant Phd Yes High No Salaried PG degree No Medium No Salaried PG degree No High No Business Phd Yes Low Yes Salaried Phd Yes Medium Yes Salaried Phd No High No Business UG degree Yes Medium Yes Research UG degree Yes Medium No Assistant Business Phd No Low No Research Assistant PG degree Yes Medium No Salary Education Any Previous Loan Job
Expert Answer:
Answer rating: 100% (QA)
The image shows a decision tree where the loan department of a bank needs to predict whether a customer will apply for a housing loan based on past customer data The Chisquare test is used to identify ... View the full answer
Related Book For
Accounting Information Systems basic concepts and current issues
ISBN: 978-0078025334
3rd edition
Authors: Robert Hurt
Posted Date:
Students also viewed these statistics questions
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
"internet radios" for streaming audio, and personal video recorders and players. Describe design and evaluation processes that could be used by a start-up company to improve the usability of such...
-
/* FILE: FLIX2YOU_data-load.txt */ /* Script to populate tables for FLIX2YOU .. current schema before revision */ /* Written by Gary Heberling on July 2, 2012 */ /* For IST210 world campus Penn State...
-
Multiple-Concept Example 5 reviews many of the concepts that play roles in this problem. An extreme skier starting from rest, coasts down a mountain slope that makes an angle of 25.08 with the...
-
As of December 31, 2018, Moss Company had total cash of $195,000, notes payable of $90,500, and common stock of $84,500. During 2019, Moss earned $42,000 of cash revenue, paid $24,000 for cash...
-
Consider the following cash flow profile and assume MARR is 10 percent/year. a. Determine the ERR for this project. b. Is this project economically attractive? EOY 0 2 3 4 5 6 NCF -$100 $15 $15 $15...
-
A Del Hardware has four employees who are paid on an hourly basis plus time-and-a half for all hours worked in excess of 40 a week. Payroll data for the week ended March 15, 2010, are presentd below....
-
he accounts from the Adjusted Trial Balance are listed in alphabetical order. What is the total longminusterm liabilities? Baker Service Company Adjusted Trial Balance September 30, 2025 Balance...
-
Athletes take Creatine to: restore ATP levels rapidly dephosphorylate ADP restore ADP levels improve long-term high intensity.exercise Question 36 (1 point) Common side effects of steroid use include...
-
What is the key purpose and key objectives of NGO's in developing countries? Expalin and give examples. What are some disadvantages of foreign aid to recipient countries? What problems or issues can...
-
Why due diligence, both legal and financial, is important for the song catalog purchase? Why it is important to understand the details of sources of income, how and when it is earned, and how it is...
-
Balanced scorecard performance measures fall into four groups: financial measures, customer measures, internal business process measures, and learning and growth measures. True False
-
Why is the period of implementation a potential time for adding new members to the team? Explain what the possible reasons, benefits, and drawbacks are to adding new members at this time?
-
Consider the following: IBM has unveiled a series of measures designed to help stamp out grey market activity in its channel. It has harmonised hardware pricing, boosted transparency in its supply...
-
A company sells regular hamburgers as well as a larger burger. Either type can include cheese, relish, lettuce, tomato, mustard, or ketchup. a. How many different hamburgers can be ordered with...
-
In a certain school district, 3% of the faculty use none of their sick days in a school year. Find the probability that 5 faculty members selected at random used no sick days in a given year.
-
1. Explaining a persons ethics by analyzing the ethics of his ancestors is an example of: a. Metaethics. b. Normative ethics. c. Applied ethics. d. Situational ethics. 2. People shouldnt cheat is an...
-
Indicate whether each of the following statements is (i) always true, (ii) sometimes true, or (iii) never true. For those that are (ii) sometimes true, explain when the statement is true. a. Audits...
-
a. How would a knowledge management system facilitate knowledge sharing? b. What sources of information overload are accountants likely to experience? What strategies would you recommend for...
-
When translating Acceletrons fi nancial statements into US dollars, Redline is least likely to use an exchange rate of USD per SGD: A . 0.671. B . 0.588. C . 0.654.
-
Yus determination regarding Transaction 2 should be based on the currency of the: A . loan. B . bank. C . borrower.
-
In response to the boards fourth question, the balance sheet exposure (in C$ millions) would be closest to: A . 19. B . 148. C . 400.
Study smarter with the SolutionInn App