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Created: Jul 3, 2014
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Fico Scores
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FICO score is a 3-digit numerical index which represents an estimate of your financial credit worthiness. It is the most important number lenders used to determine who qualifies for a loan, at what interest rate, and to what credit limits.It is based on a subset of the information in your credit report, typically from the three major American credit bureaus: Equifax, Experian, and TransUnion. Though the scoring system used by all three credit bureaus are different but all point to one conclusion and that is whether or not you have good or bad credit. Creditors or lenders, such as banks and credit card companies, primarily use FICO scores to determine credit limits and interest rates every time when you apply for new credit card, mortgage, auto loan, personal credit line or any other credit issues by the bank. This scores have proven to be very predictive in assessing the creditworthiness of a person or the likelihood that person will pay his or her debts.

I obtained this data from stat crunch. The sample size is 99 the min. 444,  Q1 636, Q2 714, Q3 782, Max 850 The dependant variable is y=708 x is the dependent. The linear correlation = 1 strong. There are no outliners.

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Data set 1. FICO Credit Rating Scores   [Info]
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Data set 2. FICO Credit Rating Scores   [Info]
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Data set 3. FICO Credit Rating Scores   [Info]
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Data set 4. FICO Credit Rating Scores   [Info]
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