DAT 4313 - LAB 3.1
Credit Amount and Loan Duration by Housing Status
Final Visualization
Key Insights
- Positively skew obscures possible relationship, log transformation required
- Positive relationship between amount (value of loan) and duration of repayment (post log transformation)
- Higher loan values associated with longer repayment length across housing status
- Direction and strength not significantly affected by housing status
References
- Giordani, P., Ferraro, M. B., & Martella, F. (2020). German credit dataset. https://cran.r-project.org/web/packages/datasetsICR/datasetsICR.pdf
- Healy, K. (2018). Data visualization: A practical introduction. Princeton University Press.
- AI assistance provided by OpenAI’s ChatGPT (GPT-5.2) for code generation, debugging, and formatting clarification.