Difference between revisions of "Scorecard"
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== Definition == | == Definition == | ||
− | '''Scorecard''' | + | '''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]] |
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− | 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]] | + | * 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 === | === Model Parameters === | ||
+ | N/A | ||
=== The Functional Form === | === The Functional Form === |
Revision as of 19:46, 11 March 2024
Contents
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