You have been asked to examine the feasibility of predicting past-due loan payment. R…

You have been asked to examine the feasibility of predicting past-due loan payment. Report your
results to the bank in a two-part report. The report should include an executive summary with a briefnon-technical description of your results and an accompanying technical report with the details of youranalysis.
For the report, you should consider the following: Use of logistic regression or discriminant analysis asthe appropriate method (i.e., do both analysis and then argue why you prefer to use one rather thanthe other); appropriate variables which are useful in predicting performance; the hit-rate in the
estimation and validation sample and how it compares with appropriate benchmark criteria.

 

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