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:

Brain Plasticity

The capacity for the brain to alter its structure and function.

Parietal Area

Region of the brain located in the parietal lobe that processes sensory information such as touch, temperature, and pain, and plays a role in spatial orientation and navigation.

Occipital Cortex

The region of the brain located at the back of the head that is primarily responsible for processing visual information.

Action Potentials

Rapid and temporary electrical impulses in neurons that are fundamental for transmitting signals across the nervous system.