Unlocking Insights: Building a Scorecard with Logistic Regression

After a credit card? An insurance policy? Ever wondered about the three-digit number that shapes these decisions?

Introduction

Scores are used by a large number of industries to make decisions. Financial institutions and insurance providers are using scores to determine whether someone is right for credit or a policy. Some nations are even using social scoring to determine an individual’s trustworthiness and judge their behaviour.

For example, before a score was used to make an automatic decision, a customer …

credit risk data-insights generalized-linear-model predictive modeling statistical-analysis