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Handbook of Statistical Analysis and Data Mining Applications
book

Handbook of Statistical Analysis and Data Mining Applications

by Robert Nisbet, John Elder, Gary Miner
May 2009
Beginner to intermediate content levelBeginner to intermediate
864 pages
23h 13m
English
Elsevier Science
Content preview from Handbook of Statistical Analysis and Data Mining Applications
Tutorial M

Profit Analysis of the German Credit Data Using SAS-EM Version 5.3

Chamont Wang, Ph.D.

Edited by Gary Miner, Ph.D.

OUTLINE

Introduction

In this tutorial, we will approach the German credit data from a cost/profit perspective. Specifically, we assume that a correct decision of the bank would result in 35% of the profit at the end of a specific period, say 3–5 years. Here, a correct decision means that the bank predicts that a customer’s credit is in good standing (and hence would obtain the loan), and the customer indeed has good credit. On the other ...

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Publisher Resources

ISBN: 9780080912035