On CBS.com: Sat Night Fights Returns to CBS 11/7 9pm
BNET Business Network:
BNET
TechRepublic
ZDNet

FREE Registration is required

Overview:

Famous for its easy implementation, Logistic Regression has been the primary model in credit scoring. Albeit attractively simple, it is criticized for failing to capture nonlinearity and nonmonotonicity and therefore possibly not leads to satisfactory results. Introduced by Hastie and Tibshirani, Generalized Additive Model (GAM) provides the ability to detect the nonlinear and nonmonotonic relationship between the risk behavior and predictors without the loss of interpretability. However, the semi-parametric nature of GAM makes it difficult to be used in a business. This paper presents an application of GAM in credit scoring as well as a class of hybrid models combining ideas of Logistic Regression and GAM in order to improve the generalizability of nonlinear modeling.

(Is this item miscategorized? Does it need more tags? Let us know.)

Format:PDFSize:219 KB
Date:Mar 2009
Pages:14

Top results from Data Mining - Analysis

White Paper Designing High Availability for SQL Server 2005
Download Technical On Demand Teleconference: Managing large objects in a DB2 for z/OS environment - tips and techniques
White Paper Social CRM Comes of Age
White Paper Choosing a Standard for BI and Reporting: Simplify the IT Environment Reduce Your TCO Increase Your ROI.
Webcast Webcast: Calculated Risk: Inside the Billion-Dollar 'Gut' of Goldman Sachs

» View all Data Mining - Analysis listings

Top results from Knowledge and Data Management

White Paper Business Continuity Planning - IT Survival Guide
White Paper Total Economic Impact of SQL Server 2008 Upgrade
White Paper Twelve Ways to Reduce Costs with Microsoft® SQL Server® 2008
White Paper Techical Whitepaper: Configuring Deduplication for High Performance
White Paper Whitepaper: Fast, Reliable Data protection from Dell and CommVault

» View all Knowledge and Data Management listings

advertisement

White Papers, Webcasts, and Resources

Featured Training Courses

advertisement

SmartPlanet

Click Here

Returning users: Log In Here!

Already registered on BNET, TechRepublic, or ZDNet? Simply log in.

Free Membership: Sign Up Now!

Sign up for a free membership today and get instant and unlimited access to one of the largest databases of white papers, webcasts, and casestudies anywhere. Your FREE membership allows you to:

  • Download an unlimited amount of content, including classic and current white papers, case studies, webcasts and more
  • Track content on your chosen topics of interest
  • Receive targeted email alerts when your favorite content is added
  • Save content for future reading
  • Receive our member newsletter

When you register to access this library, you allow us to share your information with companies that produce products or services featured in the library--so that such companies may contact you with information and offers regarding their products and services. This enables us to keep the library a free service. As a library registrant, you will receive a complimentary subscription to the ZDNet white paper newsletter and e-mail Must-Read News Alerts. You can unsubscribe from these at any time. By clicking the Sign up button, you indicate that you agree to our Terms and Conditions and have read and understand our Privacy Policy (updated).