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Your firm's credit department has estimated the following credit scoring model for it's small business customers: Y = 0.006 * Net Worth + 150 Credit

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Your firm's credit department has estimated the following credit scoring model for it's small business customers: Y = 0.006 * Net Worth + 150 Credit History + 2 Percent of available credit Credit History = 2 if the firm has 0 past delinquencies, 1 if the firm has minor delinquencies and if the firm has major delinquencies Percent of available credit ranges from 0 to 100 A business-credit applicant has the following data: -Net Worth = $55,000 -Minor delinquencies -30 percent credit available Given this information what would be the firm's credit score? 8.550 6.540 Cliol Son YS L ELSTS

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