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The accompanying data file shows information about 1 0 3 home loan applications. Variables on each application include ( 1 ) whether the application is

The accompanying data file shows information about 103 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 multifamily home (PropertyType), and (3) whether the application is for a first-time purchase or refinancing (Purpose).
Click here for the Excel Data File
a. Using the first five applications, compute the matching coefficients for all pairwise observations based on LoanType, PropertyType, and Purpose.
Note: Round your answers to 2 decimal places.
b-1. Which of the following loan applications is the most similar pair?
multiple choice 1
Loan applications 1 and 2
Loan applications 1 and 3
Loan applications 1 and 4
Loan applications 1 and 5
b-2. Which of the following statements best describes the most similar pair of the loan applications in part b-1?
multiple choice 2
They both are conventional single-family purchases
They both are conventional multi-family purchases
They both are federal-housing single-family refinances
They both are federal-housing multi-family refinances
b-3. Which of the following loan applications is the least similar pair?
multiple choice 3
Loan applications 1 and 3
Loan applications 2 and 3
Loan applications 1 and 4
Loan applications 2 and 4
b-4. Which of the following statements best describes the least similar pair of the loan applications in part b-3?
multiple choice 4
One application is a conventional single-family refinance, while the other is a federal-housing multi-family purchase
One application is a federal-housing single-family refinance, while the other is a conventional multi-family purchase
One application is a conventional multi-family refinance, while the other is a federal-housing single-family purchase
One application is a federal-housing multi-family refinance, while the other is a conventional single-family purchase
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