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Butoxors [25]
3 years ago
14

Rank the following factors in order from those that have the most effect on your credit score to those that have the least effec

t
on your credit score.
1. Amount of money owed
II. Payment history
III. Credit history length
a. I, II, III
b. II, I, III
C. II, III, 1
d. III, II,
Please select the best answer from the choices provided
O A
OB
Mathematics
1 answer:
Anvisha [2.4K]3 years ago
5 0
Lll Credit history length , 1 Amount is money owed, ll payment history
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<u><em>Explanation</em></u>

Formula for Correlation coefficient :

r= \frac{n(\Sigma xy)-(\Sigma x)(\Sigma y)}{\sqrt{[n\Sigma x^2-(\Sigma x)^2][n\Sigma y^2-(\Sigma y)^2]}}

First, for each point(x, y), we need to calculate x², y² and xy .

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<em>(Please refer to the attached image for the table )</em>

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So, plugging those values into the above formula..........

r= \frac{n(\Sigma xy)-(\Sigma x)(\Sigma y)}{\sqrt{[n\Sigma x^2-(\Sigma x)^2][n\Sigma y^2-(\Sigma y)^2]}}\\ \\ r=\frac{7(1480)-(44)(183)}{\sqrt{[7(362)-(44)^2][7(6575)-(183)^2]}}\\ \\ r=\frac{10360-8052}{\sqrt{(598)(12536)}}\\ \\ r=\frac{2308}{\sqrt{7496528}}\\ \\ r=0.84

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