Consider the following portion of data that includes information about home loan applications. Variables on each application include (1) whether the application is conventional or subsidized by the federal housing administration (LoanType). (2) whether the property is a single-Family or multi-family home (Property Type) and (3) whether the application is for a first-time purchase or refinancing (Purpose). Loantype Property Type Purpose Conventional single-fanily Refinancing Conventional Single-fanily Refinancing Federal Housing Single-fanily Purchase Decture Click here for the Excel Dato File o. Using the first five applications, compute the matching coefficients for all pairwise observations based on LoanType PropertyType, and Purpose (Round your answers to 2 decimal places.) 1 2 3 Observations 1 2 3 4 5 -1. Which of the following loan applications is the most similar pale? O Loan applications and 3 O Loan applications 1 and 4 Loan applications 1 and 5 O Loan applications 1 and 2 b 2. Which of the following statements best describes the most similar pair of the loan applications in part b1? They both are conventional single family refinances They both are conventional multi-Family purchases They both are federal housing single family refinances They both are federal housing muit-family refinances b-3. Which of the following loan applications is the least similar pair? Loan applications 1 and 3 O Loan applications 1 and 5 loan applications 1 and 4 O Loan applications 2 and 3 6-4. Which of the following statements best describes the least similar pair of the loan applications in part b-3? O One application is a conventional single-family refinance, while the other is a conventional single family purchase One application is a conventional single-family refinance, while the other is a federal housing single-family refinance One application is a conventional single-family refinance, while the other is a federal housing multi-family purchase One application is a conventional single family refinance, while the other is a conventional single family purchase 10 16 1 LoanType Property Typ Purpose 2 conventional single-family refinances 3 conventional single-family refinances 4 conventional single-family purchases 5 federal housing single-family refinances 6 federal-housing multi-family purchases 7 Federal Housing Single-Family Refinancing 8 Conventional Single-Family Refinancing 9 Federal Housing Multi-fairly Refinancing Conventional Single-familyRefinancing 11 Federal Housing Single-Family Refinancing 12 Federal Housing Single-Family Refinancing 13 Federal Housing Single-Family Purchase 14 Federal Housing Multi-Falmly Refinancing 15 Federal Housing Multi-fairly Purchase Conventional Multi-Falmly Refinancing 17 Conventional Multi-Falmly Purchase 18 Conventional Single-family Refinancing 19 Conventional Multi-falmly Refinancing 20 Federal Housing Multi-falmly Refinancing 21 Conventional Multi-Falmly Purchase 22 Federal Housing Multi-falmly Purchase 23 Conventional Multi-falmly Refinancing 24 Federal Housing Single-family Purchase 25 Conventional Single-Family Refinancing 26 Federal Housing Multi-faimly Refinancing 27 Conventional Single-family Purchase 28 Conventional Single-Family Refinancing 29 Conventional Multi-falmly Refinancing 30 Conventional Single-Family Purchase 31 federal Housing Multi-faimly Refinancing 32 Conventional Multi-faimly Purchase 33 Federal Housing Single-Family Refinancing 34 Federal Housing Multi-taimly Refinancing 35 Federal Housing Single-Family Refinancing 36 Federal Housing Multi-faimly Purchase 37 Federal Housing Multi-aimly Refinancing 38 Conventional Multi-faimly Purchase 39 Federal Housing Single-Family Refinancing 40 Federal Housing Single-Family Refinancing 41 Conventional Single-Family Refinancing 42 Conventional Single-Family Refinancing 43. Federal Housing Multi-famly Purchase 44 Conventional Multi-faimly Refinancing 45 Federal Housing Single-Family Purchase 46 Federal Housing Single-Family Purchase 47 Conventional Multi-faimly Purchase 48 Conventional Single-Family Purchase 49 Conventional Single-Family Purchase 50 Federal Housing Single-Family Refinancing D E F H A B C 49 Conventional Single-Family Purchase 50 Federal Housing Single-Family Refinancing 51 Federal Housing Multi-falmly Refinancing 52 Federal Housing Multi-falmly Purchase 53 Conventional Multi-falmly Refinancing 54 Conventional Multi-faimly Refinancing 55 Conventional Single-Family Purchase 56. Federal Housing Muli-faimly Refinancing 57 Conventional Single-Family Refinancing 58 Conventional Single-Family Refinancing 59 Conventional Multi-faimly Refinancing 60 Conventional Multi-falmly Purchase 61 Federal Housing Single-lamily Refinancing 62 Federal Housing Single-Family Refinancing 63 Conventional Multi-Faimly Refinancing 64 Conventional Single-Family Refinancing 65 Federal Housing Multi-faimly Purchase 66 Conventional Multi-Faimly Purchase 67 Conventional Single-Family Refinancing 68 Federal Housing Multi-fairly Refinancing 69 Conventional Multi-fairly Relinancing 70 Conventional Multi-laimly Purchase 71 Conventional Single-Family Purchase 72 Conventional Multi-talmly Refinancing 73 Conventional Multi-famly Refinancing 74 Conventional Single-Family Refinancing 75 Federal Housing Multi-famly Purchase 76 Federal Housing Single-Family Purchase 77 Federal Housing Multi-famly Purchase 78 Federal Housing Single-Family Refinancing 79 Conventional Multi-fairly Purchase 80 Federal Housing Multi-faimly Refinancing 81 Conventional Multi-faimly Purchase 82 Conventional Multi-faimly Refinancing 83 Conventional Single-Family Purchase 84 Federal Housing Multi-faimly Refinancing 85 Conventional Multi-faimly Purchase 86 Conventional Single-family Purchase 87 Federal Housing Single-Family Purchase 88 Conventional Multi-faimly Refinancing 89 Conventional Single-Family Purchase 30 Conventional Single-Family Refinancing 91 Federal Housing Multi-faimly Purchase 82 Federal Housing Single-family Purchase 93 Federal Housing Muki-falmly Purchase Conventional Single-Family Refinancing 95 Federal Housing Single-Family Refinancing 96 Federal Housing Multi-faimly Purchase 97 Conventional Single-Family Purchase 98 Federal Housing Single-Family Purchase 99 Federal Housing Multi-falmly Refinancing 100 Conventional Single-Family Refinancing 101 Conventional Multi-falmly Purchase 102 Federal Housing Multi-faimy Purchase 94 E. Consider the following portion of data that includes information about home loan applications. Variables on each application include (1) whether the application is conventional or subsidized by the federal housing administration (LoanType). (2) whether the property is a single-Family or multi-family home (Property Type) and (3) whether the application is for a first-time purchase or refinancing (Purpose). Loantype Property Type Purpose Conventional single-fanily Refinancing Conventional Single-fanily Refinancing Federal Housing Single-fanily Purchase Decture Click here for the Excel Dato File o. Using the first five applications, compute the matching coefficients for all pairwise observations based on LoanType PropertyType, and Purpose (Round your answers to 2 decimal places.) 1 2 3 Observations 1 2 3 4 5 -1. Which of the following loan applications is the most similar pale? O Loan applications and 3 O Loan applications 1 and 4 Loan applications 1 and 5 O Loan applications 1 and 2 b 2. Which of the following statements best describes the most similar pair of the loan applications in part b1? They both are conventional single family refinances They both are conventional multi-Family purchases They both are federal housing single family refinances They both are federal housing muit-family refinances b-3. Which of the following loan applications is the least similar pair? Loan applications 1 and 3 O Loan applications 1 and 5 loan applications 1 and 4 O Loan applications 2 and 3 6-4. Which of the following statements best describes the least similar pair of the loan applications in part b-3? O One application is a conventional single-family refinance, while the other is a conventional single family purchase One application is a conventional single-family refinance, while the other is a federal housing single-family refinance One application is a conventional single-family refinance, while the other is a federal housing multi-family purchase One application is a conventional single family refinance, while the other is a conventional single family purchase 10 16 1 LoanType Property Typ Purpose 2 conventional single-family refinances 3 conventional single-family refinances 4 conventional single-family purchases 5 federal housing single-family refinances 6 federal-housing multi-family purchases 7 Federal Housing Single-Family Refinancing 8 Conventional Single-Family Refinancing 9 Federal Housing Multi-fairly Refinancing Conventional Single-familyRefinancing 11 Federal Housing Single-Family Refinancing 12 Federal Housing Single-Family Refinancing 13 Federal Housing Single-Family Purchase 14 Federal Housing Multi-Falmly Refinancing 15 Federal Housing Multi-fairly Purchase Conventional Multi-Falmly Refinancing 17 Conventional Multi-Falmly Purchase 18 Conventional Single-family Refinancing 19 Conventional Multi-falmly Refinancing 20 Federal Housing Multi-falmly Refinancing 21 Conventional Multi-Falmly Purchase 22 Federal Housing Multi-falmly Purchase 23 Conventional Multi-falmly Refinancing 24 Federal Housing Single-family Purchase 25 Conventional Single-Family Refinancing 26 Federal Housing Multi-faimly Refinancing 27 Conventional Single-family Purchase 28 Conventional Single-Family Refinancing 29 Conventional Multi-falmly Refinancing 30 Conventional Single-Family Purchase 31 federal Housing Multi-faimly Refinancing 32 Conventional Multi-faimly Purchase 33 Federal Housing Single-Family Refinancing 34 Federal Housing Multi-taimly Refinancing 35 Federal Housing Single-Family Refinancing 36 Federal Housing Multi-faimly Purchase 37 Federal Housing Multi-aimly Refinancing 38 Conventional Multi-faimly Purchase 39 Federal Housing Single-Family Refinancing 40 Federal Housing Single-Family Refinancing 41 Conventional Single-Family Refinancing 42 Conventional Single-Family Refinancing 43. Federal Housing Multi-famly Purchase 44 Conventional Multi-faimly Refinancing 45 Federal Housing Single-Family Purchase 46 Federal Housing Single-Family Purchase 47 Conventional Multi-faimly Purchase 48 Conventional Single-Family Purchase 49 Conventional Single-Family Purchase 50 Federal Housing Single-Family Refinancing D E F H A B C 49 Conventional Single-Family Purchase 50 Federal Housing Single-Family Refinancing 51 Federal Housing Multi-falmly Refinancing 52 Federal Housing Multi-falmly Purchase 53 Conventional Multi-falmly Refinancing 54 Conventional Multi-faimly Refinancing 55 Conventional Single-Family Purchase 56. Federal Housing Muli-faimly Refinancing 57 Conventional Single-Family Refinancing 58 Conventional Single-Family Refinancing 59 Conventional Multi-faimly Refinancing 60 Conventional Multi-falmly Purchase 61 Federal Housing Single-lamily Refinancing 62 Federal Housing Single-Family Refinancing 63 Conventional Multi-Faimly Refinancing 64 Conventional Single-Family Refinancing 65 Federal Housing Multi-faimly Purchase 66 Conventional Multi-Faimly Purchase 67 Conventional Single-Family Refinancing 68 Federal Housing Multi-fairly Refinancing 69 Conventional Multi-fairly Relinancing 70 Conventional Multi-laimly Purchase 71 Conventional Single-Family Purchase 72 Conventional Multi-talmly Refinancing 73 Conventional Multi-famly Refinancing 74 Conventional Single-Family Refinancing 75 Federal Housing Multi-famly Purchase 76 Federal Housing Single-Family Purchase 77 Federal Housing Multi-famly Purchase 78 Federal Housing Single-Family Refinancing 79 Conventional Multi-fairly Purchase 80 Federal Housing Multi-faimly Refinancing 81 Conventional Multi-faimly Purchase 82 Conventional Multi-faimly Refinancing 83 Conventional Single-Family Purchase 84 Federal Housing Multi-faimly Refinancing 85 Conventional Multi-faimly Purchase 86 Conventional Single-family Purchase 87 Federal Housing Single-Family Purchase 88 Conventional Multi-faimly Refinancing 89 Conventional Single-Family Purchase 30 Conventional Single-Family Refinancing 91 Federal Housing Multi-faimly Purchase 82 Federal Housing Single-family Purchase 93 Federal Housing Muki-falmly Purchase Conventional Single-Family Refinancing 95 Federal Housing Single-Family Refinancing 96 Federal Housing Multi-faimly Purchase 97 Conventional Single-Family Purchase 98 Federal Housing Single-Family Purchase 99 Federal Housing Multi-falmly Refinancing 100 Conventional Single-Family Refinancing 101 Conventional Multi-falmly Purchase 102 Federal Housing Multi-faimy Purchase 94 E