13. Questions 13 through 15 use the same example applicant.
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 (first bottom tab of workbook) in the Data for Final Project Workbook.
Use the input 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 (last bottom tab) Spreadsheet.
Use the Test Set standard deviation of error on standardized outputs of .6750
Question: What is the point estimate of profitability, in dollars?