O'Reilly logo

Statistical Application Development with R and Python - Second Edition by Prabhanjan Narayanachar Tattar

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Logistic regression for the German credit screening dataset

Millions of applications are made to a bank for a variety of loans! The loan may be a personal loan, home loan, car loan, and so forth. From a bank perspective, loans are an asset for them as obviously the customer pays them interest and over a period of time the bank makes profit. If all the customers promptly pay back their loan amount, all their tenure equated monthly installment (EMI) or the complete amount on preclosure of the principal amount, there is only money to be made.

Unfortunately, it is not always the case that the customers pay back the entire amount. In fact, the fraction of people who do not complete the loan duration may also be very small, say about five percent. However, ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required