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Part 1 - Building Your Own Binary Classification Model - Coursera PDF

The document discusses building a binary classification model to predict credit card default risk. It describes how a bank issued credit cards to 600 applicants without screening three years ago. Now, 150 (25%) of those recipients have defaulted on payments. The bank initially collected six pieces of data on each person: age, years at current employer, years at current address, income over the past year, current credit card debt, and current automobile debt. It also now has a binary outcome for each person of whether they defaulted or not.

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Shiva Kumar Ramachandra
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447 views1 page

Part 1 - Building Your Own Binary Classification Model - Coursera PDF

The document discusses building a binary classification model to predict credit card default risk. It describes how a bank issued credit cards to 600 applicants without screening three years ago. Now, 150 (25%) of those recipients have defaulted on payments. The bank initially collected six pieces of data on each person: age, years at current employer, years at current address, income over the past year, current credit card debt, and current automobile debt. It also now has a binary outcome for each person of whether they defaulted or not.

Uploaded by

Shiva Kumar Ramachandra
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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6/11/2020 Part 1: Building your Own Binary Classification Model | Coursera

Part 1: Building your Own Binary Classification Model


Graded Quiz • 1h
Due Jun 14, 11:59 PM PDT

Case Study: Modeling GRADE


Congratulations! You QUIZ • 1H
Credit Card Default Risk passed!
and Customer
Keep Learning 92.3%
TO PASS Profitability
70% or higher

Part 1: Building your


Reading: Final Project
Information
20 min Own Binary
Classification
Own BinaryModel
Video: Final Project

Part 1: Building your


Information: Part 1
3 min

Classification Model
Quiz: Part 1: Building your
Own Binary Classification
LATEST Model
SUBMISSION GRADE

92.3%
13 questions

Reading: Summary of
Submit your assignment
Learning Points for Final
1. First Binary
Project: QuizClassification
1 Model DUE Jun 14, 11:59 PM PDT ATTEMPTS 3 every 8 hours
1 / 1 point
10 min

Data_Final Project.xlsx
Video: Final Project Try again
Information: Part 2
10 min
You work for a bank as a business data analyst in the credit card risk-modeling
Receive grade
department.
Quiz: Part 2: Your bank
Should the conducted a bold experiment three years ago: for a single day
it quietly
Bank Buy issued credit
Third-Party cards to everyone who
Credit applied,
TO PASS 70%regardless
or higher of their credit risk,
Information?
until the bank had issued 600 cards without screening applicants.
9 questions Grade
View Feedback
After three years, 150, or 25%, of those card recipients defaulted: they failed to pay
Reading: Summary of 92.30%
back at least some of the money they owed. However, theWe
Learning Points for Final
bank collected
keep very
your highest score
valuable
Project: proprietary
Quiz 2 data that it can now use to optimize its future card-issuing
process.
10 min

Quiz:
The bankPart 3: Comparing
initially the six pieces of data about each person:
collected
Information Gain of
Alternative Data and Models
· Age
10 questions

· Years
Quiz: at current
Part employer
4: Modeling
Profitability Instead of
· Years at current address
Default
16 questions
· Income over the past year
Peer-graded Assignment:
Part 5: Modeling Credit Card
· Current credit card debt, and
Default Risk and Customer
Profitability
· Current
2h automobile debt

In Review Your
addition, Peers:
the bankPart
now 5: has a binary outcome: default = 1, and no default = 0.
https://www.coursera.org/learn/analytics-excel/exam/PkKXS/part-1-building-your-own-binary-classification-model/attempt?redirectToCover=true 1/1

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