Multiple Choice
A new applicant, age 45, is applying for a loan. Using the table below, what is the estimated probability the loan will be approved? k = 4. 
A) The probable default rate is 50%, the loan will be declined.
B) The probable success rate is 50%, the loan will be approved.
C) The probable success rate is 30%, the loan will be approved.
D) The probable default rate is 25%, the loan will be declined.
Correct Answer:
Verified
Correct Answer:
Verified
Q1: The chart below is a summary of
Q2: For a new observation of (0, 0,
Q3: An issue with the naïve Bayes classifier
Q4: What is the Euclidean distance between Observation
Q6: Of the following options, which does not
Q7: A new applicant, age 32, is applying
Q8: In a decile-wise lift chart, what does
Q9: What is the Euclidean distance between Observation
Q10: The chart below is a summary of
Q11: An R's ROC curve with AUC =