Fair Isaac, the company that developed the current credit score model used by most lenders today, would
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Fair Isaac, the company that developed the current credit score model used by most lenders today, would like to ex-amine the relationship between the age and credit score of an individual. The following table shows the credit scores and ages of 10 randomly selected people. This data can also be found in the Excel file Fair Isaac. xlsx.
a. Calculate the sample covariance.
b. Calculate the sample correlation coefficient.
c. Describe the relationship between x and y.
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a b c There is a positive linear relationship between these two variables x age y cre...View the full answer
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