2. The original default rate on the sample of 135,000cardholders was extremely high at approximately8.0%. What impact would setting the cut-off at 85have on the default rate? Show calculations.3. Based on the credit evaluation process. Do yousuggest the revised cutoff to 85 be adopted? Why? Question:The accounts of 10,800 credit card customers outof a sample of 135,000 that were reviewed did notperform satisfactorily. The credit scores assigned tothese applicants, when originally assessed had amean of 70 and a standard deviation of 8. Thescores of the remaining customers had a mean of85 and a standard deviation of 12. Assuming thesedistributions are approximately normal if the cut-offscore was revised upward to 85.1. Complete the following table:Mean credit scoreStandard deviation of creditscoreProbability of receiving credit(%)Probability of being deniedcredit (%)CreditworthinessHigh8512Low708What are your preliminary concerns with thechanged cutoff?

Given:- The original default rate on the sample of 135,000 cardholders was extremely high…

Answered: 2. The original default rate on the…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Consider the same set up as in Question 1. What is the price of wealth if Djokovic wins the US Open? Round your answer to one decimal point. Answer:
chapter 5 10. A buyer plans to purchase 250 towels for the store's harvest sale and to retail each towel for $7.50. He has placed an order for 128 towels that cost $3.25 each. What is the most he can pay for each of the remaining towels if he wishes to average a 42% markup? Present your answer with a dollar-sign, comma separator, and rounded to the penny (i.e. $1,250.88).
The following problem refers to the stock table for ABC Inc. (a tire company) given below. Use the stock table to answer the following questions. Where necessary, round the dollar amounts to the nearest cent. 52-Week Yld Vol Net High Low Stock SYM Div % PE 100s Hi Lo Close Chg 80.69 45.87 ABC Inc. ABC 2.99 1.5 17 5915 58.50 57.51 58.12 +1.41 ..... a. What were the high and low prices for a share for the past 52 weeks? High price: $ Low price: $
4. DETAILS BRECMBC9 8.I1.TB.005. The markup on a desk should be 33% based on selling price. If the seller paid $280 for one, then how much should it sell for to achieve the desired markup O $372.40 $417.91 $467.60 O $848.48
Q16.
Consider the following chart, which shows Bitcoin values during October 1, 2020-October 1, 2021.+ Bitcoin 70,000 60,000 50,000 40,000 30,000 20,000 10,000 0 1-Oct-20 Date 1-Nov-20 13,800 Price ($) Date 29,000 19,400 Price ($) Date Marked are the following points on the chart. 1-Dec-20 ܐ 1-Jan-21 1-Feb-21 45,700 32,500 1-Oct-21 61,400 13,800 19,400 58,900 1-Mar-21 32,600 1-Apr-21 1-Jun-21 58,900 52,100 1-May-21 1-Jul-21 1-Jun-21 47,000 41,500 1-Oct-20 1-Nov-20 1-Dec-20 1-Jan-21 1-Feb-21 1-Mar-21 29,000 32,500 45,700 58,900 1-Apr-21 1-May-21 1-Jul-21 1-Aug-21 1-Sep-21 32,600 52,100 58,900 41,500 47,000 43,400 43,400 1-Sep-21 61,400 1-Aug-21 1-Oct-21 Price ($) Calculate to the nearest 0.01% your annual percentage return (assuming monthly compounding) if you had bought Bitcoin on December 1, 2020 and then sold it on June 1, 2021.
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2. The original default rate on the sample of 135,000 cardholders was extremely high at approximately 8.0%. What impact would setting the cut-off at 85 have on the default rate? Show calculations.