What Is the Name of the Procedure That Applies Statistically

question 80

Multiple Choice

What is the name of the procedure that applies statistically derived weights for key financial and credit characteristics to predict whether or not a credit applicant with specific scores for each characteristic will pay the requested credit in a timely fashion?

• A) aging of accounts receivable
• B) payment pattern monitoring
• C) credit scoring
• D) just-in-time system
• E) none of the above

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Definitions:

Reactive

Pertains to substances or materials that readily undergo chemical reactions, typically involving a significant response to other chemicals or stimuli.

Atomic Number

Number of protons in the atomic nucleus; determines the element.

Hydrogen

The lightest and most abundant chemical element in the universe, consisting of a single proton and electron, and playing a vital role in chemistry and the energy industry.

Evaporation

The process by which water and other liquids transform from their liquid state into vapor, a phase change that typically occurs at the surface of the liquid and can be influenced by temperature, pressure, and surface area.