15. The following data are known about the sample applicant:
Years at Employer: 12.44
Years at Address: 0.9
CC debt: -34,228
Auto debt: -23,411
To convert above inputs to standardized form, locate the Training Set Spreadsheet (bottom tab) in the Data for Final Project Workbook.
Use those means [Cells C207:H207] and standard deviations [Cells C209:H209].
Use the Training Set profitability mean [$1,905.51] and standard deviation [$5755.91] from the Profit and Loss (bottom tab) Spreadsheet
Use the Test Set standard deviation of error on standardized outputs of .6750 .
Question: With 99% confidence, what is the range of profitability?
- Range from $10,683.61 to -$8,704.31
- Range from $19,388.27 to 10,683.61.
- Range from $16,388.27 to -$7,704.31
- Range from $20,691.32 to $675.90.