FICO Webinar: Why Use Binned Variables in Predictive Models?

Video created by Makenna.Brei Advocate on Feb 23, 2018

    There are many methodologies for building effective predictive models. Classed models, such as scorecards, require the precursory step of binning candidate predictors. In this webinar, the concepts behind the binning process are explained, as well as many benefits that binning offers from both an analytic and a business perspective. This webinar discusses analytic, process, data, and practical modeling issues.

     

    Read related blogs by the presenter, Sue Hubbard, in her Why Bin blog series.