This workflow uses the Quantile Method to identify fraudulent transactions to check for numeric outliers in credit card data. The quantile method is a type of classification that is well suited to linearly distributed data. We first read in and process the sample data using normalization, then use a quantile-based approach to remove outliers, labeling them as potential fraud. The model's score can be checked at the end through the 'Scorer' node.
The steps we perform are below:
1. Read Training Data
2. Normalize Data and Remove non-outliers
3. Save Models for deployment
4. Mark Outliers and Score Model
URL: Kaggle Dataset https://www.kaggle.com/datasets/mlg-ulb/creditcardfraud
To use this workflow in KNIME, download it from the below URL and open it in KNIME:
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