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
Type of Deliverable: Word Document
