Credit Scoring, Response Modelling and Insurance Rating [electronic resource] : A Practical Guide to Forecasting Consumer Behaviour /
Finlay, S.author.
Every year, financial services organizations make billions of dollars worth of decisions using automated systems. For example, who to give a credit card to and the premium someone should pay for their home insurance. This book explains how the forecasting models, that lie at the heart of these systems, are developed and deployed.
Description based upon print version of record.
Cover; Contents; List of Tables; List of Figures; Acknowledgements; 1 Introduction; 2 Project Planning; 3 Sample Selection; 4 Gathering and Preparing Data; 5 Understanding Relationships in Data; 6 Data Pre-processing; 7 Model Construction (Parameter Estimation); 8 Validation, Model Performance and Cut-off Strategy; 9 Sample Bias and Reject Inference; 10 Implementation and Monitoring; 11 Further Topics; Notes; Bibliography; Index
Includes bibliographical references and index.
Every year, financial services organizations make billions of dollars worth of decisions using automated systems. For example, who to give a credit card to and the premium someone should pay for their home insurance. This book explains how the forecasting models, that lie at the heart of these systems, are developed and deployed.
Risk management.
Business enterprises—Finance.
Business mathematics.
Leadership.
Accounting.
Bookkeeping .
Economic theory.
Risk Management.
Business Finance.
Business Mathematics.
Business Strategy/Leadership.
Accounting/Auditing.
Economic Theory/Quantitative Economics/Mathematical Methods.