# of Y records # of successful Y records # of failed Y records P S |Y
# of T records # of successful T records # of failed T records P S |T
# of C records # of successful C records # of failed C records P S |C
# of S records # of F records # of successful Y records # of failed Y records
# of S records # of F records # of successful T records # of failed T records
# of S records # of F records # of successful C records # of failed C records
P Y T C | S P Y T C | F
P S | Y T C P F | Y T C
P F |Y
P F |T
P F |C
P Y | S P Y |F
P T | S P T |F
P C | S P C |F
Random Variables
Let Z Y be the value of an attempted loan workout for a borrower with _____ years business experience
Let Z T be the value of an attempted loan workout for a borrower with a ________________ degree
Let Z C be the value of an attempted loan workout for a borrower whose loan is in a __________________ state of economy
Let Z be the value of an attempted loan workout for a borrower with Y , T , and C .
Calculation Decision
E (Z Y )
E (Z T )
E (Z C )
E (Z )