Answered: 1. A FICO score: A. Is a common credit…

1. A FICO score: A. Is a common credit rating system B. Is only issued through banks C. Is a type of credit report D. None of these\

Essentials Of Business Analytics

1st Edition

ISBN:9781285187273

Author:Camm, Jeff.

Publisher:Camm, Jeff.

Chapter4: Linear Regression

Section: Chapter Questions

Problem 21P: Consider again the example introduced in Section 4.5 of a credit card company that has a database of...

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Question

1. A FICO score:

A. Is a common credit rating system

B. Is only issued through banks

C. Is a type of credit report

D. None of these\

2. Flexible expenses may include:

A. Clothing

B. Utilities

C. Food

D. All of these

E. None of these

3. If you have a credit card:

A. Pay it off each month

B. Spend wisely

C. Use it as a tool to gain good credit

D. All of these

E. None of these

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