
Data Analytics For Accounting
19th Edition
ISBN: 9781260375183
Author: RICHARDSON
Publisher: MCG
expand_more
expand_more
format_list_bulleted
Textbook Question
Chapter 1, Problem 7P
Consider the 2013 declined loan data from LendingClub titled “RejectStatsB2013.” Similar to the analysis done in the chapter, let’s scrub the employment length. Because our analysis requires risk scores, debt-to-income data, and employment length, we need to make sure each of them has valid data.
- a. Sort the file based on employment length and remove those observations (the complete row or record) that have a missing score (“NA”) or a score of zero.
- b. Sort the file based on debt-to-income and remove those observations (the complete row or record) that have a missing score, a score of zero, or a negative score.
- c. Sort the file based on risk score and remove those observations (the complete row or record) that have a missing score or a score of zero.
- d. There should now be 669,993 observations. Any thoughts on what biases are imposed when we remove observations? Is there another way to do this?
- e. Run a PivotTable analysis to show the number of Excellent Risk Scores but High DTI Bucket loans in each Employment year bucket. Any interpretation of why these loans were declined based on employment length?
Expert Solution & Answer

Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
Can you explain the correct approach to solve this general accounting question?
Can you explain the correct approach to solve this general accounting question?
I am looking for help with this financial accounting question using proper accounting standards.
Chapter 1 Solutions
Data Analytics For Accounting
Ch. 1 - Prob. 1MCQCh. 1 - Prob. 2MCQCh. 1 - Prob. 3MCQCh. 1 - Prob. 4MCQCh. 1 - Prob. 5MCQCh. 1 - Prob. 6MCQCh. 1 - Prob. 7MCQCh. 1 - Prob. 8MCQCh. 1 - Prob. 9MCQCh. 1 - Prob. 10MCQ
Ch. 1 - Prob. 1DQCh. 1 - Give an example of how Data Analytics creates...Ch. 1 - Prob. 3DQCh. 1 - Prob. 4DQCh. 1 - Prob. 5DQCh. 1 - Prob. 6DQCh. 1 - Prob. 7DQCh. 1 - Prob. 8DQCh. 1 - Prob. 9DQCh. 1 - Prob. 10DQCh. 1 - Prob. 11DQCh. 1 - Prob. 12DQCh. 1 - To address the question Will I receive a loan from...Ch. 1 - Download and consider the data dictionary file...Ch. 1 - Download and consider the rejected loans dataset...Ch. 1 - Prob. 3PCh. 1 - Prob. 4PCh. 1 - Consider the 2013 declined loan data from...Ch. 1 - Consider the 2013 declined loan data from...
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Similar questions
- Please provide the correct answer to this general accounting problem using accurate calculations.arrow_forwardPlease provide the solution to this general accounting question using proper accounting principles.arrow_forwardPlease provide the accurate answer to this general accounting problem using appropriate methods.arrow_forward
- I need help finding the accurate solution to this general accounting problem with valid methods.arrow_forwardPlease provide the correct answer to this financial accounting problem using accurate calculations.arrow_forwardI need guidance with this general accounting problem using the right accounting principles.arrow_forward
- Can you help me solve this general accounting question using the correct accounting procedures?arrow_forwardI am searching for the correct answer to this general accounting problem with proper accounting rules.arrow_forwardI am searching for the correct answer to this general accounting problem with proper accounting rules.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Excel Applications for Accounting PrinciplesAccountingISBN:9781111581565Author:Gaylord N. SmithPublisher:Cengage LearningAuditing: A Risk Based-Approach to Conducting a Q...AccountingISBN:9781305080577Author:Karla M Johnstone, Audrey A. Gramling, Larry E. RittenbergPublisher:South-Western College PubEssentials Of Business AnalyticsStatisticsISBN:9781285187273Author:Camm, Jeff.Publisher:Cengage Learning,
- Principles of Accounting Volume 1AccountingISBN:9781947172685Author:OpenStaxPublisher:OpenStax College

Excel Applications for Accounting Principles
Accounting
ISBN:9781111581565
Author:Gaylord N. Smith
Publisher:Cengage Learning

Auditing: A Risk Based-Approach to Conducting a Q...
Accounting
ISBN:9781305080577
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:South-Western College Pub

Essentials Of Business Analytics
Statistics
ISBN:9781285187273
Author:Camm, Jeff.
Publisher:Cengage Learning,
Principles of Accounting Volume 1
Accounting
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax College
What is Risk Management? | Risk Management process; Author: Educationleaves;https://www.youtube.com/watch?v=IP-E75FGFkU;License: Standard youtube license