QUESTION IMAGE
Question
a lender is assessing customers for loans. the credit scores of four customers are below.
ida 820
corrine 550
bruce 390
roland 610
which person will the lender assess as having the lowest risk?
○ ida
○ corrine
○ bruce
○ roland
Step1: Recall credit score and risk
In lending, a higher credit score generally means lower risk. So we need to find the highest credit score among the four customers.
Step2: Compare the credit scores
The credit scores are: Ida (820), Corrine (550), Bruce (390), Roland (610).
Comparing these values: \( 820>610>550>390 \). So Ida has the highest credit score.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
A. Ida