Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Nov 13, 2023

The following 10 customers were reviewed. Based on the discriminant score how many of them will classify in the extend credit group Total ($) purchases

The following 10 customers were reviewed. Based on the discriminant score how many of them will classify in the extend credit group

Total ($) purchases Balance 8500 3800 3500 4800 5200 3300 3150 4400 6150 3250 1200 1100 1200 5600 1000 1800 1300 2200 3100 2050 Duration 5 2 1 1 5 9 5 10 5 8

Step by Step Solution

★★★★★

3.47 Rating (147 Votes )

There are 3 Steps involved in it

Step: 1

Total Purchases Balance Duration 8500 1200 5 3800 1100 2 3500 1200 1 4800 5600 1 5200 1000 5 3300 18... 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

Step: 3

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

Microeconomics

Authors: Douglas Bernheim, Michael Whinston

2nd edition

73375853, 978-0073375854

More Books

Students also viewed these Mathematics questions

Question

★★★★★

A helicopter is flying with a constant horizontal velocity of 90 mi/h and is directly above point A when a loose part begins to fall. The part lands 6.5 s later at point B on an inclined surface....

Answered: 1 week ago

Question

★★★★★

A company acquired as a long-term investment $310 million of 6.0% bonds, dated July 1, on July 1, Year 1. Company management has the positive intent and ability to hold the bonds until maturity. The...

Answered: 1 week ago

Question

★★★★★

Ethiopian Banks Aptitude Exam Questions:Aptitude Exam is one of the main exam used by banks and large corporations in hiring staff, which includes English language, math, physics and reasoning...

Answered: 1 week ago

Question

★★★★★

Thomas Gilbert and Susan Bradley formed a professional corporation called Financial Services Inc.A Professional Corporation, each taking 50 percent of the authorized common stock. Gilbert is a CPA...

Answered: 1 week ago

Question

★★★★★

The convex surface of a piano-convex glass lens comes into contact with a glass plate. The curvature radius of the lens's convex surface is R, the wavelength of light is equal to , Find the width Ar...

Answered: 1 week ago

Question

★★★★★

12 What is the MVUE for a parameter?

Answered: 1 week ago

Question

★★★★★

Determine the rejection region for a large sample ????-test for the difference of two proportions when (a) ????0 ???????? ???????? and ???? = 0.01. (b) ????0 ???????? = ???????? and ???? = 0.05....

Answered: 1 week ago

Question

★★★★★

McDonalds has an undeviating policy of retaining absolute control over who receives new franchises. McDonalds granted to Copeland a franchise in Omaha, Nebraska. In a separate letter, it also granted...

Answered: 1 week ago

Question

★★★★★

1. Describe the major phases in the systems development life cycle (i.e. principal steps, major deliverables, etc.) 2. Give three examples of business needs for a system. 3. What is stakeholder...

Answered: 1 week ago

Question

★★★★★

The next diagram depicts a system of aqueducts that originate at three rivers (nodes R1, R2, and R3) and terminate at a major city (node T), where the other nodes are junction points in the system....

Answered: 1 week ago

Question

★★★★★

You will use the Gas Properties simulation for this lab. Start in the Ideal tab. Note: PV=NRT 1. Check "width" on the right so the width of the container shows at the bottom. Record the data for each...

Answered: 1 week ago

Question

★★★★★

Kurt and Amy work in the same position. Between the hours of 8 AM and 5 PM, one of them must be working at all times. This ensures that someone is always available to handle customer requests. Kurt...

Answered: 1 week ago

Question

★★★★★

The Australian wheat market: Australia is a key producer of wheat, supplying large amounts to the international market. *Draw a simple model of the market for wheat globally, and in Australia (draw...

Answered: 1 week ago

Question

★★★★★

In the table below, categorize each benefit of the psychological contract in terms of whether it is an employee contribution of an empl inducement. Employee contribution Employer inducement Skills...

Answered: 1 week ago

Question

★★★★★

Work out the clamping force, in kilograms, exerted by the M 3 0 steel nut and bolt on the plates shown below. The nut has been torqued down to 6 Nm . Use the following formula and information: Torque...

Answered: 1 week ago

Question

★★★★★

10. Bonita is considering purchasing an expensive piece of jewelry next month. The local jeweler is offering a three-year financing plan to help her pay for the jewels. For the purposes of preparing...

Answered: 1 week ago

Question

★★★★★

Mary is sells industrial valves, her annual demand of 4,000 units. the cost of each unit is $90, and the inventory cost is10% of each valve the average cost is $25 per order. it takes two weeks for...

Answered: 1 week ago

Question

★★★★★

DC has unused FTC carryover from 2017 in the separate category for GC income as the result of income generated by a foreign branch. The income was foreign source general category income. In 2018 the...

Answered: 1 week ago

Question

★★★★★

For each of the total cost functions, write the expressions for the total fixed cost, average variable cost, and marginal cost (if not given), and draw the average total cost and marginal cost...

Answered: 1 week ago

Question

★★★★★

A firm produces a product with labor and capital, and its production function is described by Q = LK. The marginal products associated with this production function are MPL = K and MPK = L. Suppose...

Answered: 1 week ago

Question

★★★★★

The following table presents information on how many cookies can be produced from eggs and a mixture of other ingredients (measured in ounces): Recently, you found a new way to mix ingredients with...

Answered: 1 week ago

Question

★★★★★

=+39. Qualification exams for becoming a state-certified welding inspector are based on multiple-choice tests. As in any multiple-choice test, there is a possibility that someone who is simply...

Answered: 1 week ago

Question

★★★★★

=+40. When used to model lifetimes of components, a probability distribution is said to be memoryless if, for a component that has already lasted (without failure) for t hours, the probability that...

Answered: 1 week ago

Question

★★★★★

=+b. For the 25-question test, what are the mean and standard deviation of x?

Answered: 1 week ago

Previous Question Next Question