Dell-EMC
E20-065 · Question #59
Which scenario is a proper use case for multinomial logistic regression?
The correct answer is C. To improve the initial routing of a loan application, a financial institution plans to classify a loan. See the full explanation below for the reasoning.
Question
Which scenario is a proper use case for multinomial logistic regression?
Options
- AA marketing firm wants to estimate the personal income of a group of potential customers.
- BA logistic distribution company wants to minimize the distance traveled by its delivery trucks.
- CTo improve the initial routing of a loan application, a financial institution plans to classify a loan
- DA manufacturer plans to determine the optimal number of workers to employ in an assembly line
How the community answered
(15 responses)- B7% (1)
- C73% (11)
- D20% (3)
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