Explain the Purpose/benefits in Adding a Credit-Scoring Model to Evaluate

question 21

Essay

Explain the purpose/benefits in adding a credit-scoring model to evaluate a loan application.

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Definitions:

Electromyography (EMG)

The insertion of needles into selected skeletal muscles for the purpose of recording nerve conduction time in relation to muscle contraction.

Electrical Activity

The movement or flow of electrical charges, often referring to physiological processes in the body.

Peripheral Muscles

Muscles located in the outer regions of the body, as opposed to those central to the core or trunk.

Voluntary Function

Actions or processes in the body controlled by an individual's conscious decision.