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Credit_​Scoring_​Training

Risk Scoring: Estimation of Probability of Default
Risk Scoring: Estimation of Probability of DefaultThe probability of default is a metric that lenders use to assess risk oncustomers, group them into similar risk bands, and determine whatinterest rate to charge them. A lender will use probability of default tocalculate expected return and loss at the individual and portfolio level.A model is trained on the "Give me some credit" dataset."SeriousDlqin2yrs" is used as target column to predict default probability. Variable Description Data Exploration "Give Me Some Credit" datasetVariable DescriptionMissing Values ImputationOutlier Removalcorrelation map75% training 25% testSeriousDlqln2YrsNearest neighbor =1Oversample Minority ClassesNode 225stats, histograms, and bar charts File Reader Excel Reader (XLS) Data Pre-processing Linear Correlation Partitioning SMOTE Random ForestLearner Data Explorer(JavaScript) Scorer Random ForestPredictor Model Writer Risk Scoring: Estimation of Probability of DefaultThe probability of default is a metric that lenders use to assess risk oncustomers, group them into similar risk bands, and determine whatinterest rate to charge them. A lender will use probability of default tocalculate expected return and loss at the individual and portfolio level.A model is trained on the "Give me some credit" dataset."SeriousDlqin2yrs" is used as target column to predict default probability. Variable Description Data Exploration "Give Me Some Credit" datasetVariable DescriptionMissing Values ImputationOutlier Removalcorrelation map75% training 25% testSeriousDlqln2YrsNearest neighbor =1Oversample Minority ClassesNode 225stats, histograms, and bar charts File Reader Excel Reader (XLS) Data Pre-processing Linear Correlation Partitioning SMOTE Random ForestLearner Data Explorer(JavaScript) Scorer Random ForestPredictor Model Writer

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Created by: Vincenzo
Created at: 2018-06-11
On NodePit since: 2020-12-07
Last update: 2024-04-27
Created with KNIME version: v3.6.1
Tags: riskscoringrisk assessmentSMOTErandom forestfinancebanking

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