Question: RSTUDIO homework question relating to big data and machine learning for economics and finance. An answer asap would be greatly appreciated. Consider the dataset Default

RSTUDIO homework question relating to big data and machine learning for economics and finance. An answer asap would be greatly appreciated.
Consider the dataset "Default" in the package ISLR2. We are interested in predicting the variable "balance" given the variable "income" and the variable "student". If the customer's income is equal to 11196.7648 and the customer is a student, what would you predict "balance" to be equal to
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
