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Measurement of scoring systems

Lyn C. Thomas

in Consumer Credit Models: Pricing, Profit and Portfolios

Published in print:
2009
Published Online:
May 2009
ISBN:
9780199232130
eISBN:
9780191715914
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199232130.003.0002
Subject:
Mathematics, Applied Mathematics, Mathematical Finance

This chapter describes the different ways of measuring how good a scoring system is. It clarifies that there are three different ways of measuring the systems: their ability to discriminate Goods ... More


Discrimination and identification

Thomas D. Wickens

in Elementary Signal Detection Theory

Published in print:
2001
Published Online:
April 2010
ISBN:
9780195092509
eISBN:
9780199893812
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195092509.003.0007
Subject:
Psychology, Cognitive Psychology

In discrimination, signals can be of two or more types, and the observer is presented with one of them and tries to say which it was. This chapter extends the signal-detection model to discrimination ... More


Model Data

Kai R. Larsen and Daniel S. Becker

in Automated Machine Learning for Business

Published in print:
2021
Published Online:
July 2021
ISBN:
9780190941659
eISBN:
9780197601495
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780190941659.003.0004
Subject:
Business and Management, Information Technology, Innovation

After preparing your dataset, the business problem should be quite familiar, along with the subject matter and the content of the dataset. This section is about modeling data, using data to train ... More


Automated Machine Learning for Business

Kai R. Larsen and Daniel S. Becker

Published in print:
2021
Published Online:
July 2021
ISBN:
9780190941659
eISBN:
9780197601495
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780190941659.001.0001
Subject:
Business and Management, Information Technology, Innovation

In Automated Machine Learning for Business, we teach the machine learning process using a new development in data science: automated machine learning. AutoML, when implemented properly, makes machine ... More


Interpret and Communicate

Kai R. Larsen and Daniel S. Becker

in Automated Machine Learning for Business

Published in print:
2021
Published Online:
July 2021
ISBN:
9780190941659
eISBN:
9780197601495
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780190941659.003.0005
Subject:
Business and Management, Information Technology, Innovation

Having evaluated all the measures and selected the best model for this case, and much of the machine learning process has been clarified, our understanding of the problem context is still relatively ... More


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