Determining the financial value of a binary classification scheme that predicts credit card defaults.
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I began studying analytics in late 2017. Since then, I've become convinced of two things:
- The rate at which society generates data is increasing, as is demand for people with analytics skills.
- This work is complex and multifaceted. New techniques, tools, and methodologies are developed every day.
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Definition and properties of standardization and linear regression.
Working definitions for tidy and high-quality data.
Definition and properties of Gaussian (Normal) Distributions.
Engineering a metric for a binary classification scheme that predicts credit card defaults.