Which Predictive Analytics Technique Would Be Used to Predict the Interest

question 16

Multiple Choice

Which predictive analytics technique would be used to predict the interest rate given from a lender (bank) to a borrower?

• A) Regression
• B) Cross-tabulation
• C) Looking for anomalies and outliers
• D) Time-series analysis

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Definitions:

Lewy Body Dementia

A type of progressive dementia that leads to a decline in thinking, reasoning, and independent function due to abnormal microscopic deposits that damage brain cells over time.

Memory Competence

The ability or capacity to effectively encode, store, and retrieve information when needed, reflecting the functionality of one's memory.

Language Comprehension

The ability to understand spoken or written language, grasping both literal and implied meanings.

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refers to the process of creating, manufacturing, or producing goods and services.