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Imagine that a U.S. bank wishes to develop a predictive model for granting credit toborrowers below the poverty line. With the current U.S. population at 325 millionofwhich nearly 40 million live in poverty140the universe of available data for makingpredictions may be limited.
Frank Fagan (2025) "Standardized Data Collection: Legal Requirements, Guidelines or Competition ", GNLU Journal of Law And Economics : Volume II 2019, Issue I 2019
Available at:
https://gnlu.ac.in/GJLE/Publications/Standardized Data Collection: Legal Requirements, Guidelines or Competition