"Weight of evidence transformation"
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
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
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?