Some Banks Use a -Based Reasoning System to Qualify Customers

question 10

Multiple Choice

Some banks use a -based reasoning system to qualify customers for loans, using _____.

• A)bots designed to locate new customers
• B)recommendations from loan officers
• C)parameters from past customers stored in a database
• D)email marketing campaigns based on past customer interactions

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Definitions:

Social Impact Theory

A theory that describes how the presence, thoughts, and actions of others can significantly influence an individual's behavior.

Historical Events

Significant occurrences in the past that have shaped societies, cultures, or the course of human history.

Fundamental Attribution Error

The tendency to overemphasize personality-based explanations for behaviors observed in others while underemphasizing the role and power of situational influences.

Confession

The act of admitting to something, particularly acknowledging one's sins or wrongdoings, often within a religious or legal context.