Difference between revisions of "Correlation Analysis"
From Open Risk Manual
Wiki admin (talk | contribs) |
(No difference)
|
Latest revision as of 21:02, 11 September 2020
Definition
Correlation Analysis is an important step in the development statistical models for prediction or classification (such as Credit Scorecard Development). As the name suggests, its objective is to understand the Correlation of a number of distinct characteristics to identify to what degree they may be dependent.
