Which of the Following Statements Is True

question 13

Multiple Choice

Which of the following statements is true?

• A)A credit scoring model is a mathematical model that considers a borrower's credit rating to make loan decisions.
• B)A credit scoring model is a model that relies on expert knowledge to make loan decisions.
• C)A credit scoring model is a mathematical model that uses observed borrower characteristics to calculate a score representing the applicant's probability of default or to sort borrowers into different default classes.
• D)A credit scoring model is a mathematical model that uses neural networks to make loan decisions.

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Definitions:

Absolute Dating Techniques

Methods used in archeology and geology to determine the exact age of an artifact, fossil, or site, such as carbon dating.

Coltan

A mineral comprising columbite and tantalite, used primarily in the production of tantalum capacitors for electronic devices such as mobile phones.

Eastern Congolese Mines

Mining operations in the eastern region of the Democratic Republic of Congo, often noted for their extraction of minerals like coltan and the associated human and environmental issues.

Mobile Phones

Handheld devices that allow for voice and often data communication over cellular networks.