Question
Build a Discriminant Analysis Model to predict whether the person is likely to accept the bank's offer for a personal loan. Carry out significance tests
Build a Discriminant Analysis Model to predict whether the person is likely to accept the bank's offer for a personal loan. Carry out significance tests using Wilk's Lambda & Comment on the variables that are significant. Create the confusion matrix and comment on the prediction accuracy as well. Further, The bank would like to address the top 30 persons with an offer for personal loan based on the probability (propensity). Create a table displaying all the details of the "top" 30 persons who are most likely to accept the bank's offer. Make sure to include the probability of accepting the offer along with all the other details.
Please note: Dataset is available at https://drive.google.com/file/d/1s7bV8arS8qR-M-17OsS5XUhWLBMh6mbn/view?usp=sharing
Thanks.
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