Discuss the Premise Behind the Validity of a Numerical Credit

question 118

Essay

Discuss the premise behind the validity of a numerical credit scoring system.

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Definitions:

Premises

The initial statements or propositions in an argument from which conclusions are logically derived; the foundational basis for further reasoning.

Valid

A quality of an argument when its conclusions logically follow from its premises, regardless of the truth of the premises.

Mitosis

A type of cell division that results in two daughter cells each having the same number and kind of chromosomes as the parent nucleus, typical of ordinary tissue growth.

Meiosis

A type of cell division that reduces the chromosome number by half, resulting in the production of four gamete cells, fundamental for sexual reproduction.