! Required information a. Open the file in Excel. b. Sort the file based on risk...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
! Required information a. Open the file in Excel. b. Sort the file based on risk score and remove those observations (the complete row or record) that have a missing score or a score of zero, if needed. c. Assign each risk score to a risk score bucket similar to the chapter. That is, classify the sample according to this breakdown into excellent, very good, good, fair, poor, and very bad credit according to their credit score noted in Exhibit 1-13. Classify those with a score greater than 850 as "Excellent." Consider using nested if-then statements to complete this. Or sort by risk score and manually input into appropriate risk score buckets. d. Run a PivotTable analysis that shows the number of loans in each risk score bucket. Required: After removing the observations with a zero or missing risk score, which group (Excellent, Very Good, Good, Fair, Poor, Bad) had the most rejected loans (most observations)? Which group had the least rejected loans (least observations)? Is it similar to Exhibit 1-14 performed on years 2007-2012? Question Which group had the most observations? Which group had the least observations? Is the results from the 2013 data are similar to the data from 2007-2012 Group Fair Very Bad ! Required information a. Open the file in Excel. b. Sort the file based on risk score and remove those observations (the complete row or record) that have a missing score or a score of zero, if needed. c. Assign each risk score to a risk score bucket similar to the chapter. That is, classify the sample according to this breakdown into excellent, very good, good, fair, poor, and very bad credit according to their credit score noted in Exhibit 1-13. Classify those with a score greater than 850 as "Excellent." Consider using nested if-then statements to complete this. Or sort by risk score and manually input into appropriate risk score buckets. d. Run a PivotTable analysis that shows the number of loans in each risk score bucket. Required: After removing the observations with a zero or missing risk score, which group (Excellent, Very Good, Good, Fair, Poor, Bad) had the most rejected loans (most observations)? Which group had the least rejected loans (least observations)? Is it similar to Exhibit 1-14 performed on years 2007-2012? Question Which group had the most observations? Which group had the least observations? Is the results from the 2013 data are similar to the data from 2007-2012 Group Fair Very Bad
Expert Answer:
Related Book For
Posted Date:
Students also viewed these accounting questions
-
Joanne bought a $2500 cruise ticket with her Visa card. 27 days later she was expected to pay Visa for the item but did not. If Visa's simple interest rate is 19.5 %, how muchinterest will she be...
-
Consider the 2013 declined loan data from LendingClub titled RejectStatsB2013 from the Connect website. Similar to the analysis done in the chapter, lets scrub the risk score data. First, because our...
-
Consider the 2013 declined loan data from LendingClub titled RejectStatsB2013. Similar to the analysis done in the chapter, lets scrub the employment length. Because our analysis requires risk...
-
Why " Kodak " is unsuccessful in implementing a strategy. Can you prepare a critical examination of the strategy to address the following questions about Kodak. What was the strategy and why do you...
-
A 4.78-MeV alpha particle from a 226Ra decay makes a head-on collision with a uranium nucleus. A uranium nucleus has 92 protons. (a) What is the distance of closest approach of the alpha particle to...
-
Jackson was a lawyer, respected by his peers. He successfully represented several persons who were charged with income tax evasion. All three defendants were reputed to be leaders of an organized...
-
The treatment assignment displayed in Table 2.5 is from one treatment assignment out of $\left(\begin{array}{l}20 \\ 10\end{array} ight)$ possible random treatment assignments. a. $\mathrm{R}$ can be...
-
Required Identify which of the following items are added to or subtracted from the unadjusted book balance to arrive at the true cash balance. Distinguish the additions from the subtractions by...
-
Give two examples of errors which could occur when transposing information from source documents to journals. Explain what the flow-on effects of these could be if not detected immediately. Also...
-
Effective financial statement analysis requires an understanding of a firms economic characteristics. The relations between various financial statement items provide evidence of many of these...
-
What is the price of a bond with the following features? 5 years to maturity, face value of $1000, coupon rate of 2% (annual coupons) and yield to maturity (discount rate) of 2.4%. As with most...
-
1. Solve the following problems involving combined operations. (7+9) x 6 = b. 2 X (22+34) + 8 = 25 x (8+5)-16= d. (154-72) x 43+ (108-96)= e. 53+ 25+ (154 - 39) = f. 5,496-553+ (6 x 55) 72 = 2. A...
-
To answer the following questions, perform an Internet search for sample proposals. For example, type project proposal example into Google or Yahoo. Based on the results of your search, find a sample...
-
The Farmer's Market just paid an annual dividend of $5 on its stock. The growth rate in dividends is expected to be a constant 5 percent per year indefinitely. Investors require a 13 percent return...
-
Assume in analyzing alternative proposals that Proposal F has a useful life of six years and Proposal J has a useful life of nine years. What is one widely used method that makes the proposals...
-
A car is driving toward you with a speed of 86 km/hr. The roof racks on the car emit a whistling sound, which you hear as a 514 Hz tone. If you are stationary, what will the frequency of this tone be...
-
C) either of these 20) Which task requires more work? A) lifting the 50-kg sack 2 meters C) lifting the 25-kg sack 4 meters 21) A moving object has momentum. B) speed. C) velocity. D) energy. E) all...
-
d) For die casting processes: 1. What are the most common metals processed using die casting and discuss why other metals are not commonly die casted? 2. Which die casting machines usually have a...
-
We know that a Balanced Scorecard is comprised of four components: financial (or stewardship), customer (or stakeholder), internal process, and organizational capacity (or learning and growth). What...
-
One type of descriptive analytics is age analysis. Why are auditors particularly interested in the aging of accounts receivable and accounts payable? How does this analysis help evaluate management...
-
Amazon, in the authors opinion, has cared less about profitability in the short run but has cared about gaining market share. Arguably Amazon gains market share by taking care of the customer. Given...
-
Distinguish between a heat engine, a heat pump, and a refrigerator.
-
Sketch and explain split air conditioner?
-
With a neat sketch of a room air-conditioner, explain its working principle.
Study smarter with the SolutionInn App