"Weight of evidence transformation"

OlaOla MemberPosts:5Contributor II
edited May 2019 inHelp
I recently read some books about credit scoring and discovered the benefits ofWeight of evidence transformationof continuous variables.

Can I perform this process in Rapid Miner and if so, how would I go about doing it?

Thanks,

Ola
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Answers

  • OlaOla MemberPosts:5Contributor II
    What I'm looking for is apparently also called pooling algorithms like MAPA, described here:
    http://www.crc.man.ed.ac.uk/conference/archive/2005/presentations/anderson-raymond.pdf

    The purpose is to find a grouping that attains a monotonous relationship with the target variable.

    There must be something in Rapid Miner that ressembles this, no? ???

    In Enterprise Miner, there is functionality for Interactive Binning or, in the credit scoring, Interactive Grouping

    Ideas anyone?


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