Question: Making Predictions Using Model Prediction 1 Using the model to calculate the probability of an individual who has a credit utilization of 32% and has

Making Predictions Using Model Prediction 1 Using the model to calculate the probability of an individual who has a credit utilization of 32% and has missed payments in the past three months defaulting on credit, the odds of this event occurring with these parameters is 0.75 or 75%. This means that an individual with a credit utilization of 32% and has missed payments in the last 3 months has a 75% chance of defaulting on their credit line

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