Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Use what you know about loan risk (or search the web if you need a refresher) to identify three different questions that might influence risk.

Use what you know about loan risk (or search the web if you need a refresher) to identify three different questions that might influence risk. For example, if you suspect risky customers live in a certain location, your question might be "Where do the customers with highest risk live f For each question you identified in AQ1, generate a hypothetical answer to each question to help you identify what your expected output would be. You may use some insight or intuition or search the Internet for ideas on how to inform your hypothesis. For example: "Hypothesis: High-risk customers likely live in coastal towns Finally, identify the data that you would need to answer each of your questions. For example, to determine customer location, you might need the city, state, and zip code. Additionally, if you hypothesize a specific region, you'd need to know which cities, states, and/or zip codes belong to that region.

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

Financial Accounting

Authors: Pauline Weetman

6th Edition

0273789252, 978-0273789253

More Books

Students also viewed these Accounting questions