Configure the risk assessment in SPSS Decision Management
The lab guides you through a structured decision making with the seven steps of SPSS Decision Management (DM) to combine decision with advanced analytics.
6.1 Introduction to SPSS Decision Management
The end goal of advanced analytics is to be able to deploy and apply analytics insights at the very point of impact. In our lab scenario of assessing online loan applications, it means that the retail bank is able to gather all available intelligence to make decisions in real time.
There can ...