Lab Note: The tools presented in this lab periodically change. Updated instructions, if applicable, can be found in the eBook and lab walkthrough videos in Connect.

Case Summary: As an analyst, you have been tasked with evaluating characteristics that drive interest rates that were attached to the various loans matched through LendingClub. This will provide insight into how your company may deal with assigning credit to customers.

OQ1. Interest rates on loans from this period range from 6 percent to 26 percent. Hover over a single value in the top-right cluster. What interest rate is assigned to this value?

Note: Round your answer to 2 decimal places.

OQ2. Would you expect interest rates for loans that appear in the bottom-left cluster to be high (closer to 26 percent) or low (closer to 6 percent)?

multiple choice

High

Low

Same

OQ3. How many clusters have five or more different interest rates assigned to them?