hard20 pts · first answer countsdata-analysis

Rising overall, falling everywhere

The overall loan approval rate rose this quarter, yet it fell in every region. How is this possible?

A.The mix of applications shifted towards a region with a much higher approval rate, an effect known as Simpson's paradoxB.It is impossible, so the data must be wrongC.The regions were averaged with equal weightsD.Approval rates always rise when volumes rise

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Rising overall, falling everywhere

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