The Following Statement Is Not True of Qualitative Models

question 87

Multiple Choice

The following statement is not true of qualitative models.

• A)In the absence of publicly available information on the quality of borrowers, the FI manager has to assemble information from private sources.
• B)The FI manager has to consider borrower-specific factors such as idiosyncratic to the individual borrower.
• C)Qualitative models use real-time data such as credit scoring models to make decisions.
• D)The FI manager should weigh market-specific factors, which have an impact on all borrowers at the time of the credit decision.
• E)Qualitative models use subjective judgement from the FI manager.

---

Definitions:

Hospital Admissions

The process by which a patient is admitted to a hospital for observation, treatment, or surgery, often involving an inpatient stay.

Symptomatic Chronic

Pertaining to conditions that have long-term symptoms affecting an individual's quality of life.

Palliative Care

Specialized medical care that focuses on providing relief from the symptoms and stress of a serious illness, regardless of the diagnosis.

Medicare Hospice Benefit

A provision under the U.S. Medicare program that covers palliative and supportive services for terminally ill patients, focusing on comfort and quality of life.