A Statistical Model Is Developed by a Team of Researchers

question 23

Multiple Choice

A statistical model is developed by a team of researchers who predict the probability of a financial debt going bad after 90 days. The prediction made by the model is based on several variables such as age, education, credit score, and average savings balance of the debtor. Which is the dependent variable in this model?

• A) probability of bad debt
• B) age of debtor
• C) education of debtor
• D) average savings balance

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Definitions:

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