A Scoring Model Is

question 3

Multiple Choice

A scoring model is

• A) A process used in ancient times to carve notches descriptive of quantities involved in accounting transactions.
• B) A statistically developed process that when applied helps the user predict business failures.
• C) A statistically developed process that when applied helps the user predict cash flows generated by new commercial contacts.
• D) A statistically developed process that when applied helps the user predict sales volume generated by a marketing campaign.

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Definitions:

Working Memory

A cognitive system responsible for temporarily holding information available for processing, key in reasoning and the guidance of decision-making and behavior.

Short-Term Memory

A limited capacity store that can maintain unrehearsed information for about 20 to 30 seconds.

Google Effect

The tendency to forget information that can be easily found using internet search engines like Google, affecting how memory is managed.

Rely

To depend on or trust in someone or something for support, help, or maintenance.