44McGrawHillA new applicant, age 32, is applying for a loan. Using the table below, what is the estimated probability the loan will default using k = 3.Record12346Age342431324453Multiple Choiceс100%66%33%0%MaritalMarriedOtherOtherOtherOtherMarriedLoan$ 5,100.00$ 22,000.00$ 14,000.00$ 20,000.00$ 14,000.00$ 17,000.00RiskHighMediumLowLowLowLow< PrevDefaultYesNoNoNoYesYes44 of 50Next >

A new applicant, age 32, is applying for a loan. Using the table below, what is the estimated probability the loan will default using k= 3. Record Age Default 1 34 Marital Married Other Yes No Other No Other Other Married 2 3 4 5 6 Multiple Choice O O O 24 31 32 44 53 C 100% 66% 33% 0% Loan $5,100.00 $ 22,000.00 $ 14,000.00 $ 20,000.00 $ 14,000.00 $ 17,000.00 Risk High Medium Low Low Low Low No Yes Yes

A new applicant, age 32, is applying for a loan. Using the table below, what is the estimated probability the loan will default using k= 3. Record Age Default 1 34 Marital Married Other Yes No Other No Other Other Married 2 3 4 5 6 Multiple Choice O O O 24 31 32 44 53 C 100% 66% 33% 0% Loan $5,100.00 $ 22,000.00 $ 14,000.00 $ 20,000.00 $ 14,000.00 $ 17,000.00 Risk High Medium Low Low Low Low No Yes Yes

Calculus For The Life Sciences

2nd Edition

ISBN:9780321964038

Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.

Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.

Chapter12: Probability

Section12.3: Conditional Probability; Independent Events; Bayes' Theorem

Problem 17E

See similar textbooks