1. What would be your dependent and independent variables?
2. How would you check for any outlier?
3. How would you check for multicollinearity amongst the variables?
4. What statistical method would you use here and why?
5. Explain the statistical output in business terms
6. From the perspective of risk management, what is more important? The overall classification result credible and non-credible results or the result of predictive accuracy of the estimated probability of default?
7. Are these variables good enough for a sound model or any some other attributes could have added value?
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