Use discriminant analysis to classify the accompanying new records using only Credit Score and Years of Credit History as input variables. Click here to view the credit approval data. Click here to view the new records. Complete the following table. (Round to four decimal places as needed.) Homeowner Credit Score Years of Credit History Revolving Balance Revolving Utilization Discriminant Score Decision Y 576 13 $21,000 15% N 521 7 $4,000 90% Y 592 2 $8,500 25% N 599 11 $16,300 70% N 552 10 1 $2,500 90% Y 575 15 $16,700 18%
Use discriminant analysis to classify the accompanying new records using only Credit Score and Years of Credit History as input variables. Click here to view the credit approval data. Click here to view the new records. Complete the following table. (Round to four decimal places as needed.) Homeowner Credit Score Years of Credit History Revolving Balance Revolving Utilization Discriminant Score Decision Y 576 13 $21,000 15% N 521 7 $4,000 90% Y 592 2 $8,500 25% N 599 11 $16,300 70% N 552 10 1 $2,500 90% Y 575 15 $16,700 18%
Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter7: Receivables And Investments
Section: Chapter Questions
Problem 7.1KTQ
Related questions
Question
![Use discriminant analysis to classify the accompanying new records using only Credit Score and Years of Credit History as input variables.
Click here to view the credit approval data. Click here to view the new records.
Complete the following table.
(Round to four decimal places as needed.)
Homeowner Credit Score Years of Credit History Revolving Balance Revolving Utilization Discriminant Score Decision
Y
576
13
$21,000
15%
N
521
7
$4,000
90%
Y
592
2
$8,500
25%
N
599
11
$16,300
70%
N
552
10
1
$2,500
90%
Y
575
15
$16,700
18%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F5b4efbe9-e7a0-42de-ad9c-0b95cdd0103e%2Fe8283976-d20d-46a9-bdb7-b83803a36efb%2Fhtz06k_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Use discriminant analysis to classify the accompanying new records using only Credit Score and Years of Credit History as input variables.
Click here to view the credit approval data. Click here to view the new records.
Complete the following table.
(Round to four decimal places as needed.)
Homeowner Credit Score Years of Credit History Revolving Balance Revolving Utilization Discriminant Score Decision
Y
576
13
$21,000
15%
N
521
7
$4,000
90%
Y
592
2
$8,500
25%
N
599
11
$16,300
70%
N
552
10
1
$2,500
90%
Y
575
15
$16,700
18%
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