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Consider the sample from a bank database shown in Table 2.16; it was selected randomly from a larger database to be the training set. Personal

Consider the sample from a bank database shown in Table 2.16; it was selected randomly from a larger database to be the training set. Personal Loan indicates whether a solicitation for a personal loan was accepted and is the response variable. A campaign is planned for a similar solicitation in the future and the bank is looking for a model that will identify likely responders. Examine the data carefully and indicate what your next step would be.

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