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BCIS 5110 Assignment 1 - AshaKilaru - Jupyter Notebook

The document describes a problem of predicting loan approval rates at a bank. It suggests using customer documents like income certificates, bank accounts, and property proofs to predict if a loan application will be approved or rejected. Some exploratory questions are what is the average number of customers visiting the bank, the approval rate, and how approval rates change over time.

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Chaitanya Chowdary
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370 views4 pages

BCIS 5110 Assignment 1 - AshaKilaru - Jupyter Notebook

The document describes a problem of predicting loan approval rates at a bank. It suggests using customer documents like income certificates, bank accounts, and property proofs to predict if a loan application will be approved or rejected. Some exploratory questions are what is the average number of customers visiting the bank, the approval rate, and how approval rates change over time.

Uploaded by

Chaitanya Chowdary
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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BCIS 5110 Assignment 1_AshaKilaru - Jupyter Notebook 9/3/21, 2:35 PM

BCIS 5110 Assignment 1


### Business analytics case analysis
Reflect on Verizon's customer churning problem we discussed in class.
Could you identify a problem that can be helped with large amount of
data?

You can think about problems within a company. It might be related to


customers, employees, or products, etc. We may want to find risky
customers by predicting their chance of leaving. Identifying
employees who are likely to quit is important for customer retention.
Finding which product features predict high rating helps with new
product development.
Or you can think outside of a specific organization. For instance,
housing prices skyrocketd this year. Can we predict housing prices?
Hospitals are overwhelmed. How to better manage hospital beds? If we
could predict the risk of a patient getting readmitted and identify
risk factors, we may have customized strategies for patient
management.

You need to identify a problem that is related to predicting certain


outcome.

There is no standard or "correct" answer to these questions. You will


get full points if: <br>
The problem is relevant. <br>
The prediction outcome is clear. <br>
The data description shows efforts by including a variety of data.
<br>
The exploration questions are relevant and can be answered with
statistics. <br>

Double click on Answer to type in your answers.

1. Describe the problem in no more than three sentences. (5 points)

Answer:One customer he applied for loan in one of the american bank.


He submitted all required documents for the loan processing and
opened a account in the bank.Fianlly he wrote a letter to bank
manager for approve the loan. <br>

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BCIS 5110 Assignment 1_AshaKilaru - Jupyter Notebook 9/3/21, 2:35 PM

2. Describe the data you might need to make a reasonable prediction. (5 points)

Recall our discussion about the data sources for the Verizon case. Assume that we do not
have limitations on how we can get the data.

Answer:If we are talking about the banking services then we can


predict like manager is verifying the loan applications. he will get
n number of applications for loan approval.Mainly manager will check
the strong base with their assests.So, that weather they can repay
within time. The documents he need is Customer proof in the
country,bank account, income certificate and orther useful documents
for getting loan approved.After customer submitted the documents he
will get to know in 10 days weather his loan is getting approved or
not.The manager will now predict that he will approve or not by
verifying all the documents that are submitted are valid or not.

3. During data exploration, we use statistics and graphs to tell the stories about the
data. (5 points)

We can answer questions like: what is the average number of downloads for an App in
Google Play Store? Who is the best salesman in the Northeast region? How does the price
change over the years? How is housing price changing over time? Ask three such
explorative questions about your data.

Answer: what is the average number of customers visiting bank:As per


the current sitiuation we seems like most of 75% seeking for loan.
How many can get loan approved:Based on the documents the customer
submitted manager will validate the assets that are worth to approve
for loan. He will approve or reject the application.
what is the approval rate manager is giving:It will be 50% approval
rate.

Questions

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BCIS 5110 Assignment 1_AshaKilaru - Jupyter Notebook 9/3/21, 2:35 PM

Which of the following are operators, and which are values?

*
'hello'
-88.8
-
/
+
5

Sample answer

Operators: *, -, /, +
Values: 'hello', -88.8, 5

1. What are the advantages of Python? (3 points)

Answer:1)improved productivity
2)Learning Ease and Support Available
3)User-friendly Data Structures
4)vast libraries

2. Which of the following is a variable, and which is a string? (3 points)

spam
'spam'

Answer: variable = spam


string='spam'

3. What is the data type of variable num? (3 points)<br>


num = input()<br>

In [2]: num=input()
print(type(num))

hu
<class 'str'>

In [ ]: Answer: string

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4. What is the value of userAge after running the following code? (3


points)<br>
<br>
userAge = 20<br>
userAge + 1<br>

In [4]: userAge = 20
userAge + 1

Out[4]: 21

Answer:21

5. Why does this expression cause an error? How can you fix it? (3 points)

'I have eaten ' + 99 + ' burritos.'

In [9]: 'I have eaten ' + '99' + ' burritos.'

Out[9]: 'I have eaten 99 burritos.'

Answer:
1)String concatenation does not allow integers.Strings can take
numbers only when we use function string.
2)I have adden the 99 as string so that the equation work.
'I have eaten 99 burritos.'

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