Constrained optimized binning for scorecards

Computer-implemented systems and methods are provided for generating bins for a scorecard. An approximate set of bins is generated by applying an optimization model to binning data. The optimization model includes an objective function, constraints, and surrogate weight of evidence metric(s). The ap...

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Bibliographische Detailangaben
Hauptverfasser: Oliveira, Ivan Borges, Chari, Manoj Keshavmurthi, Duling, David Rawlins, Haller, Susan Edwards, Pratt, Robert William
Format: Patent
Sprache:eng
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Beschreibung
Zusammenfassung:Computer-implemented systems and methods are provided for generating bins for a scorecard. An approximate set of bins is generated by applying an optimization model to binning data. The optimization model includes an objective function, constraints, and surrogate weight of evidence metric(s). The approximated set of bins are then used in scorecard operations.