Which of the Following Is Not a Way to Deal

question 17

Multiple Choice

Which of the following is not a way to deal with bias in the observed data?

• A)Watsonize the scores.
• B)Transform the data.
• C)Use bootstrapping.
• D)Trim the data.

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Definitions:

Novation

The replacement of an original contract with a new one, where a new party takes over the rights and duties of the original party, with the consent of all parties involved.

Extended Credit

A financial arrangement that allows borrowers extended time to pay off a debt beyond the typical due date, often involving interest or financing fees.

Release

In legal terms, a contract or agreement which frees one or more parties from liability, claims, or obligations.

Liability

Legal responsibility for one's actions or omissions, which can result in an obligation to compensate for any resulting damages or losses.