Create scatterplots using the data in the spreadsheet linked above and display the equation for the regression line. What is the equation for the regression line that predicts the probability of default in percent using credit score as the explanatory variable? Ý = -0.155 x + ( 111.603 ) What is the interpretation of the slope? Decrease in the probability of default as credit score increases What is the interpretation of the intercept? Pick Credit score when probability of default is 0 No practical interpretation Probability of default when credit score is 0
Create scatterplots using the data in the spreadsheet linked above and display the equation for the regression line. What is the equation for the regression line that predicts the probability of default in percent using credit score as the explanatory variable? Ý = -0.155 x + ( 111.603 ) What is the interpretation of the slope? Decrease in the probability of default as credit score increases What is the interpretation of the intercept? Pick Credit score when probability of default is 0 No practical interpretation Probability of default when credit score is 0
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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Please answer the bottom question.
What is the interpretation of the intercept?

Transcribed Image Text:ome> 2.3: Least squares method
Click this link to download the spreadsheet for use in this activity.
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Create scatterplots using the data in the spreadsheet linked above and display the
equation for the regression line.
What is the equation for the regression line that predicts the probability of default in
percent using credit score as the explanatory variable?
Ý = -0.155
x + ( 111.603
What is the interpretation of the slope?
Decrease in the probability of default as credit score increases
What is the interpretation of the intercept?
Pick
Credit score when probability of default is 0
No practical interpretation
Probability of default when credit score is 0

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1 Credit score
Probability of default
610
16.7
Field: Credit score and Field: Probability of
default appear highly correlated.
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Credit score
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ue vs income
Fauityvs FICO
Debt to .
(+
Probability of default
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