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A local bank reviewed its credit card policy with the intention of recalling some of its credit cards.
In the past approximately 5 of cardholders defaulted leaving the bank unable to collect the outstanding balance. A local bank reviewed its credit card policy with the intention of recalling some of its credit cards. A local bank reviewed its credit card policy with the intention of recalling some of its credit cards. A local bank reviewed its credit card policy with the intention of recalling some of its credit cards. In the past approximately 8 of cardholders defaulted leaving the bank unable to collect the outstanding balance. In the past approximately 5 of cardholders defaulted leaving the bank unable to collect the outstanding balance.
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In the past approximately 5 of cardholders defaulted leaving the bank unable to collect the outstanding balance. A local bank reviewed its credit card policy with the intention of recalling some of its credit cards. Hence management established a prior probability of02 that any particular cardholder will default.
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