(Solution) - A bank has designed to establish the credit rating of -(2025 Original AI-Free Solution)

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Academic Level: Undergrad. (yrs 3-4)

Paper Format: APA

Pages: 5 Words: 1375

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A bank has designed to establish the credit rating of a loan application If the persons who default (d) 90% fail the test. (F)Of the persons who will repay the bank (ND) 5% fail the test Furthermore it is given that 4% of the population is not worthy of credit. Given that someone failed the test what is the probability that the he will actually will default.