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Exhibit 10.3
The information below is used for the following questions.
A loan officer wants to determine if people will be late in making loan payments. She has information of 18 current loans including the applicants income, level of assets and whether or not the person has been late on payments. She has performed an analysis on the data and obtained the output shown below.
-Refer to Exhibit 10.3. What formulas should go in cells C22:D23 and E4:F24 of the spreadsheet?
More Consistent
Refers to something being more uniform, steady, or reliable across time or situations.
Situationist Critique
An argument suggesting that behavior is largely determined by situational contexts rather than fixed personality traits.
Pro-Personality Response
A theoretical approach in psychology that emphasizes enhancing and understanding individual personalities through positive reinforcement and feedback.
Variance Unexplained
The portion of the total variance in a set of data that is not accounted for by the statistical model being used to analyze the data.
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