Question: Multiple Regression Equation: CreditScore^ = 692.53 - 3.28 (BureauInquiries) - 117 (CreditUsage) -0.00035 (TotalCredit) -45.47 (CollectionReports) -26.33(MissedPayments) + 1.27 (HomeOwner)+3.98 (CreditAge) + 4.24 (TimeOnJob) Question:

Multiple Regression Equation:

CreditScore^ = 692.53 - 3.28 (BureauInquiries) - 117 (CreditUsage) -0.00035 (TotalCredit) -45.47 (CollectionReports) -26.33(MissedPayments) + 1.27 (HomeOwner)+3.98 (CreditAge) + 4.24 (TimeOnJob)

Question:

Explain what the coefficient for home ownership (1.27) means. Explain what the coefficient for total credit (-0.00035) means.

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