Use discriminant analysis to classify the accompanying new records using only Credit Score and Years of Credit History as input variables. Click here to view the credit approval data. Click here to view the new records. Complete the following table. (Round to four decimal places as needed.) Homeowner Credit Score Years of Credit History Revolving Balance Revolving Utilization Discriminant Score Decision Y 548 5 662 724 704 Y N 12 14 $21,000 $4,000 $8,500 $16,300 15% 90% 25% 70% ▶

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Use discriminant analysis to classify the accompanying new records using only Credit Score and Years of Credit History as input variables.
Click here to view the credit approval data. Click here to view the new records.
Complete the following table.
(Round to four decimal places as needed.)
Homeowner Credit Score Years of Credit History Revolving Balance Revolving Utilization Discriminant Score Decision
Y
548
5
N
662
4
Y
724
12
N
14
N
Y
704
592
684
New Records
9
15
$21,000
$4,000
$8,500
$16,300
$2,500
$16,700
N
Y
N
N
Y
548
662
724
704
592
684
5
4
15%
90%
25%
70%
90%
18%
Homeowner Credit Score Years of Credit History Revolving Balance Revolving Utilization Decision t
Y
12
14
9
15
Print
$21,000
$4,000
$8,500
$16,300
$2,500
$16,700
000000
Done
PEPPE
Y
15%
90%
25%
70%
90%
18%
Y
Transcribed Image Text:Use discriminant analysis to classify the accompanying new records using only Credit Score and Years of Credit History as input variables. Click here to view the credit approval data. Click here to view the new records. Complete the following table. (Round to four decimal places as needed.) Homeowner Credit Score Years of Credit History Revolving Balance Revolving Utilization Discriminant Score Decision Y 548 5 N 662 4 Y 724 12 N 14 N Y 704 592 684 New Records 9 15 $21,000 $4,000 $8,500 $16,300 $2,500 $16,700 N Y N N Y 548 662 724 704 592 684 5 4 15% 90% 25% 70% 90% 18% Homeowner Credit Score Years of Credit History Revolving Balance Revolving Utilization Decision t Y 12 14 9 15 Print $21,000 $4,000 $8,500 $16,300 $2,500 $16,700 000000 Done PEPPE Y 15% 90% 25% 70% 90% 18% Y
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