Difference between revisions of "Scorecard"
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Revision as of 13:20, 8 November 2021
Contents
Definition
Scorecard
This entry serves as the Abstract Risk Model specification of a standardized Predictive Model in the Risk Model Ontology
Model Context
Model Classification
Model Description
- A scorecard is comprised of a set of characteristics. These can be either a Categorical Variable or Numerical Variable. The model defines a point allocation for each scorecard characteristic.
- Once point allocation between input attributes and partial scores takes place, each scorecard characteristic is assigned a single partial score which is used to compute the overall score.
- The overall score is simply the sum of all partial scores.
- Partial scores are assumed to be continuous values of type "double".
Response Variables
Explanatory Variables
The explanatory variables of a scorecard are its Characteristic. In the case of binned or categorical variables, the possible values of each characteristic are termed Attribute
