A bank collected data of all its customers. Customers who repaid their consumer loans (Good Credit) had an average deposit of X = $500 with a Good Credit standard deviation of OGood Credit=$75. Customers who defaulted on their consumer loans (Bad Credit) had an average weekly deposit of X Bad Credit= $300 with a standard deviation of also OBad Credit=$75. As a result of the data collection, the bank decides to give loans to customers only who do not have weekly deposits of at least $380. Bad Good Credit Credit 100 200 300 400 500 600 700

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Question
100%
8
Wthat's the specificity of the new measure? (1-C)=
0.978
0.967
0.956
0.945
Transcribed Image Text:Wthat's the specificity of the new measure? (1-C)= 0.978 0.967 0.956 0.945
A bank collected data of all its customers. Customers who repaid their consumer
loans (Good Credit) had an average deposit of X
= $500 with a
Good Credit
standard deviation of OGood Credit=$75. Customers who defaulted on their
consumer loans (Bad Credit) had an average weekly deposit of X Bad Credit= $300
with a standard deviation of also OBad Credit=$75. As a result of the data
collection, the bank decides to give loans to customers only who do not have weekly
deposits of at least $380.
Bad
Good
Credit
Credit
100
200
300 400 500
600
700
Transcribed Image Text:A bank collected data of all its customers. Customers who repaid their consumer loans (Good Credit) had an average deposit of X = $500 with a Good Credit standard deviation of OGood Credit=$75. Customers who defaulted on their consumer loans (Bad Credit) had an average weekly deposit of X Bad Credit= $300 with a standard deviation of also OBad Credit=$75. As a result of the data collection, the bank decides to give loans to customers only who do not have weekly deposits of at least $380. Bad Good Credit Credit 100 200 300 400 500 600 700
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