Solution) Westphal Bank, N.A. would like to develop a model to predict the likelihood of mortgage default. Usi


Question: Westphal Bank, N.A. would like to develop a model to predict the likelihood of mortgage default. Using a customer’s credit score, develop a model that predicts their risk of defaulting on their mortgage (30 pts)

Credit Score Risk of Default (%)
623 10
667 8
754 3
720 5
608 12
642 9
761 2
671 7

If a customer has a credit score of 730, what would you predict their risk of default to be? Is this an accurate prediction model? Explain your decision.

Price: $2.99
See Answer: The solution file consists of 3 pages
Type of Deliverable: Word Document

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