Question: Use discriminant analysis to classify the accompanying new records using only Credit Score and Years of Credit History as input variables. Click here to view

 Use discriminant analysis to classify the accompanying new records using onlyCredit Score and Years of Credit History as input variables. Click hereto view the credit approval data. Click here to view the new

Use discriminant analysis to classify the accompanying new records using only Credit Score and Years of Credit History as input variables. Click here to view the credit approval data. Click here to view the new records. Complete the following table. {Round to four decimal places as needad ) Homeowner Credit Score Years of Credit History Revolving Balance Revolving Utilization Discriminant Score Decision Y 631 3 $21,000 15% |: v N 748 4 54,000 90% |: v Y 750 2 58.500 25% [ v N 594 14 $16,300 0% |: v N 530 11 52.500 0% [ v Y 702 9 $16,700 18% |: v 4/2404 840 PM Call Approval Data Credit Approval Decisions Homeowner Credit Score Years of Credit History Revolving Balance Revolving Utilization Decision Y 625 20 $11.320 25% Approve 673 9 $7,200 70% Reject 11 520,000 Approve IN 625 15 $12,800 Reject N 627 12 $5,700 Reject 795 22 $9,000 12% Approve IN 733 $35,200 20% Approve 620 $22,800 Reject 591 17 $16,500 Reject 24 $9,200 Approve 19 $22,000 18% Approve 16 $12,500 Reject $7,700 70% Reject $37,400 Reject $6, 100 7% Approve $10,500 Approve $17,300 59% Reject 527,000 79% Reject $13,400 Approve $11.200 70% Reject $2,500 100%% Reject 2 2 $8,400 34% Reject $16,000 25% Approve $3,300 11% Approve $7,500 Approve $20,300 22% Approve $11,700 Approve $29,100 Reject $2,000 100% Reject $7,600 9% Approve $1,000 Reject $8,500 Reject $12,800 27% Approve $10,000 20% Approve $31,000 78% Reject $16,200 65% Reject $9,700 11% Approve $6, 100 Approve $10,500 Approve $17,300 59% Reject 14 $27,000 79% Reject 20 $13,400 Approve $11.200 70% Reject $2,200 Reject 600 10 $12,050 81% Reject 702 11 $11.700 15% Approve 636 $29, 100 85% Reject $2,000 100%% Reject 895 18 $29,000 Reject 733 15 $13,000 24% Approve Homeowner Credit Score Years of Credit History Revolving Balance Revolving Utilization Decision42404 BOOTPM Homeowner Credit Score Years of Credit History Revolving Balance Revolving Utilization Decision 631 $21,000 15% IN 748 780 $8,500 IN $16,300 70% $2,500 $16,700 18%

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!