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Explanation: The number of recent credit inquiries is a critical metric in assessing a customer's creditworthiness. A high number of inquiries often indicates financial stress or aggressive credit-seeking behavior, which correlates with an increased risk of loan default. Financial institutions incorporate this metric into credit scoring models, such as FICO, as it provides a quantifiable indicator of potential risk. Coupled with other variables like payment history and debt-to-income ratio, this measure helps lenders make informed decisions and minimize default risk. Advanced data analysis techniques enhance its predictive accuracy, ensuring robust risk management. Option A: Geographic location might reveal demographic insights but is not directly predictive of loan default. Option C: Time spent on an application form has minimal correlation with default risk. Option D: Referrals indicate network strength but do not provide risk insights. Option E: Social media activity is subjective and unreliable for risk prediction in loan contexts.
The Least Common Multiple (LCM) of two numbers is 15 times their Highest Common Factor (HCF). The product of these two numbers is 15,360. What is the ma...
The HCF of two numbers is 14. Which of the following can never be their LCM?
The Highest Common Factor (HCF) and Least Common Multiple (LCM) of two numbers, A and B, are given as 12 and 180, respectively. Additionally, the differ...
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The HCF and LCM of the two numbers are 225 and 360 respectively. When the first number is divided by 3, the quotient is 20. The other number is.
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The least number which when divided by 3, 9, 27 and 81 leave remainder 2, 8, 26 and 80 respectively is?
Find the greatest number which when divide 80,121 & 148 leave remainder 2, 4 & 5 respectively?