Difference between revisions of "Scorecard"

From Open Risk Manual
(Model Use Context)
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== Definition ==
 
== Definition ==
'''Scorecard'''
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'''Scorecard''' is a standardized [[Risk Model]]. This entry serves as the [[Abstract Risk Model]] specification of a standardized [[Predictive Model]] in the [[Risk Model Ontology]]
 
 
This entry serves as the [[Abstract Risk Model]] specification of a standardized [[Predictive Model]] in the [[Risk Model Ontology]]
 
  
 
== Model Use Context ==
 
== Model Use Context ==
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=== Explanatory 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]]
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* The explanatory variables of a scorecard are its [[Characteristic]]
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* In the case of binned or categorical variables, the possible values of each characteristic are termed [[Attribute]]
  
 
=== Model Parameters ===
 
=== Model Parameters ===
  
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N/A
  
 
=== The Functional Form ===
 
=== The Functional Form ===

Revision as of 19:46, 11 March 2024

Definition

Scorecard is a standardized Risk Model. This entry serves as the Abstract Risk Model specification of a standardized Predictive Model in the Risk Model Ontology

Model Use 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

Model Parameters

N/A

The Functional Form

Model Estimation

Stylized Model Assumptions

See Also

Facts about "Scorecard"
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URI of an entity that is defined via an imported vocabulary.
https://www.openriskmanual.org/ns/doam +