When you apply for a credit card, the credit card company will check your credit scores $($e$.$g$.,$

FICO score$)$ before making a decision to approve or deny your credit card application. The FICO

score takes account factors such as payment history, amount of debt, length of credit history,

types of credit, and number of recent credit searches. The algorithms then provide a score

ranging from $300$ to $850,$ and they categorize the score in poor, fair, good, very good and

exceptional. You may refer to additional FICO information here. Use this information and

answer questions $4$a $4$d$,$ after you have made your choice, briefly explain why. If you feel

less confident about any of the following questions, you are welcome to state the definition

of data, information, knowledge, and decision for partial credits.

Question $4$a: What data would the algorithm need to calculate your FICO score? $($Select all that

apply$)$

A$.$ Number of credit cards that you already have

B$.$ Credit balance history

C$.$ Monthly spending

D$.$ Level of education