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In: Statistics and Probability

Following is the normalized distance matrix for the first four records of the Excel file Credit...

Following is the normalized distance matrix for the first four records of the Excel file Credit Approval Decisions. Apply single linkage clustering to these records until only one option remains. What conclusions can you make from this analysis?

Applicant

1

2

3

4

1

0

2.874

2.326

1.769

2

0

1.530

1.798

3

0

1.317

4

0

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