What is the primary focus of bivariate analysis in the context of loan approval?
Complete SAS Programming Guide - Learn SAS and Become a Data Ninja - Bivariate Analysis

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To calculate the average loan amount
To identify the highest income bracket
To compare the proportions of different categories
To determine the total number of applicants
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which group of applicants is more likely to have their loans approved according to the categorical analysis?
Married applicants
Self-employed applicants
Single applicants
Applicants with no dependents
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What surprising finding was observed regarding applicant income and loan approval?
Higher income always leads to higher approval rates
Higher income does not necessarily mean higher approval rates
Lower income applicants are more likely to be approved
Income has no impact on loan approval
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why might co-applicant income appear to have a high approval rate when it is low?
Most applicants have high co-applicant income
Co-applicant income is not considered in approval
Many applicants do not have co-applicants
Co-applicant income is always zero
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the relationship between loan amount and approval likelihood?
Loan amount does not affect approval
Higher loan amounts are more likely to be approved
Lower loan amounts are more likely to be approved
Approval is based solely on income
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