Credit Bureaus Compile a Numerical Credit Score Called a FDIO

question 44

True/False

Credit bureaus compile a numerical credit score called a FDIO score for each credit user.

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Definitions:

Expected Revenue

The anticipated income from the sale of goods or services, calculated by multiplying the expected sales volume by the unit price.

Standard Deviation

Standard deviation is a statistical measure that quantifies the variability or dispersion of a set of data points or distribution from its mean.

Average Deviation

A statistical measure that describes the average distance of each data point from the mean of the data set.

Least Risky

Describes an option or decision that involves the lowest level of risk compared to alternatives.