MGEC11H3 Lecture Notes - Lecture 11: Institute For Operations Research And The Management Sciences, Analysis Of Variance
Document Summary
Customer comes in for a loan of 8 ooo dollars. Loan officer asks some questions car to buy a regarding the customer personal at the end loan is approved or not information in finnan loan officer informs customer if the. The statistical method is to predict the likelihood that the customer will pay the loan payment as scheduled. Statistician will draw a sample measure the independent explanatory variable the dependentvariable is y fi if loan is a good loan else. 7 hi account customer has at our bank of of credit card customer has at our bank. Average credit card balance in last sin ag of years customer banks with our bank at omer owns his her residence it. From sample data we get botbknt b. to f. F statistic in anovatable has small nwue is large stop lookfor other explanat p value.
