Question

QUESTION 9 If you want to find out if body weight, calorie intake, fat intake and...

QUESTION 9

  1. 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

    Simple logistic regression

    Multiple logistic regression

    Multiple linear regression

1 points   

QUESTION 10

  1. 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

    By asking the customer if he is planning to default the loan or not

    By utilizing a simple linear regression model developed by the in-house analyst

    By utilizing a multiple logistic regression model developed by in-house analyst

Homework Answers

Answer #1

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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