Jia's Jewelry uses the credit scoring technique to evaluate retail applications. The financial and credit characteristics considered and weights indicating their relative importance in the credit decision are shown above. The firm's credit standards are to accept all applicants with credit scores of 85 or more, to extend limited credit to applicants with scores ranging from 75 to 84, and to reject all applicants below 75. The firm is currently processing two applicants. The scores of each applicant on each of the financial and credit characteristics are summarized above. Would you recommend either of these applicants for credit extension?
What will be an ideal response?
Applicant A's credit score = 71.25
Applicant B's credit score = 75.75
Reject Applicant A and accept Applicant B on a limited basis.
You might also like to view...
All of the following facts pertain to China except:
A) China is in the upper-middle-income category. B) China is the largest single destination for foreign investment in the developing world. C) China is a member of the World Trade Organization. D) China has sprawling bureaucracy. E) China has intellectual property rights.
A study that highlights the significant cost and revenue data between two alternatives is a(n):
a. cost analysis. b. income analysis. c. differential analysis. d. distribution analysis.
Peter Drucker stated that "the ________ defines the business."
Fill in the blanks with correct word
________ is a method for addressing, creating, updating, or querying relational databases
A. SQL B. API C. UTI D. GUI