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Risk Scoring for a Loan Application on IBM System z: Running IBM SPSS Real-Time Analytics by Andrew Flatt, Keith Doan, Mike Ebbers

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Analytics modeling with IBM SPSS Modeler
This lab takes you through the steps of creating and deploying predictive models for analytical insight in our chosen loan risk assessment scenario using the IBM SPSS Modeler.
5.1 Background reading: Modeling and IBM SPSS Modeler
Data mining is a general term that refers to a variety of modeling techniques that identify nuggets of information in (large) bodies of data, without necessarily having preconceived notions about what will be discovered. Data mining extracts information in such a way that it can ...

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