Show that Total variation (SST) Explained variation (SSR) Unexplained variation (SSE).
Trenton Bank has a scoring system that it uses to evaluate new loan applications. You‚Äôve been tracking the number of late or missed payments for a sample of ‚Äúhigh risk‚Äù customers who received loans and have had scheduled payments over the past 60 months. The table below shows the number of late or missed payments and the credit scores for the four customers in the study.
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