Answer this question by considering the following credibility data used by a bar to decide whether to approve a credit card application. Given an unknown applicant whose age is 30 and having a credit score of 65. Choose ALL that apply. * Age Credit Score Decision 25 40 38 30 N 35 30 N
Answer this question by considering the following credibility data used by a bar to decide whether to approve a credit card application. Given an unknown applicant whose age is 30 and having a credit score of 65. Choose ALL that apply. * Age Credit Score Decision 25 40 38 30 N 35 30 N
Chapter4: Analyzing And Charting Financial Data
Section: Chapter Questions
Problem 4.6CP
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Question
![Answer this question by considering the following credibility data used by a bank
to decide whether to approve a credit card application. Given an unknown
applicant whose age is 30 and having a credit score of 65. Choose ALL that
apply. *
Age
Credit Score
Decision
25
40
N
38
30
35
30
N
30
85
Y
40
45
Y
42
50
Y
45
55
Y
Using k=1, the decision would be to accept the application
Using k=3, the decision would be to accept the application
Using k=2, the decision would be unknown
Using k=4, the decision would be to reject the application](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc23885e4-42e7-45f8-99f4-b996a135491c%2F15783bce-23e7-4e75-85ce-1c5a1be96e94%2Fhl7rc3p_processed.png&w=3840&q=75)
Transcribed Image Text:Answer this question by considering the following credibility data used by a bank
to decide whether to approve a credit card application. Given an unknown
applicant whose age is 30 and having a credit score of 65. Choose ALL that
apply. *
Age
Credit Score
Decision
25
40
N
38
30
35
30
N
30
85
Y
40
45
Y
42
50
Y
45
55
Y
Using k=1, the decision would be to accept the application
Using k=3, the decision would be to accept the application
Using k=2, the decision would be unknown
Using k=4, the decision would be to reject the application
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