QUESTION 9
If you want to find out if body weight, calorie intake, fat intake and age have an influence on the probability of having a heart attack (yes vs. no), which of the following kind of analysis will help determine the answer.
Simple linear regression |
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Simple logistic regression |
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Multiple logistic regression |
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Multiple linear regression |
1 points
QUESTION 10
A loan officer wants to know if the next customer is likely to default or not default on a loan. How can he assess the risk of extending the credit to that customer?
By asking his colleague if he knows the person |
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By asking the customer if he is planning to default the loan or not |
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By utilizing a simple linear regression model developed by the in-house analyst |
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By utilizing a multiple logistic regression model developed by in-house analyst |
Answer:
Queation-9:
If we use a Multiple logistic regression, We have multiple independent variables but the dependent variable is divided in to two categories.
Therefore , Option-C is correct answer.
Question-10:
If you use simple linear regression , then you need to known the risk of extending loan from the previous all loan analyst bases.
Therefore ,By utilizing a simple linear regression model developed by in-house analyst.
Hence Option-C is correct answer.
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