Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Suppose we want to predict the probability of a new loan applicant defaulting. What model can we use when the historical credit status is only

Suppose we want to predict the probability of a new loan applicant defaulting. What model can we use when the historical credit status is only recorded in two categories: default or non-default? If the historical credit status is recorded more comprehensively with four categories: current (lancar), doubtiul (diragukan), under scrutiny (dalam pengawasan), and defaulted (macet), what model might be more suitable? Elaborate your answers

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

A First Course in Differential Equations with Modeling Applications

Authors: Dennis G. Zill

10th edition

978-1111827052

More Books

Students also viewed these Mathematics questions

Question

What do I have experience doing?

Answered: 1 week ago