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Which of the following statements is true?(a) A credit scoring model is a mathematical model that uses observed borrower characteristics to calculate a score representing the applicant's probability of default or to sort borrowers into different default classes.(b) A credit scoring model is a mathematical model that uses neural networks to make loan decisions.(c) A credit scoring model is a mathematical model that considers a borrower's credit rating to make loan decisions.(d) A credit scoring model is a model that relies on expert knowledge to make loan decisions.
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