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In a scorecard development project, one characteristic – Time at Present Address – uses information obtained from the credit reference agency. This is reported in whole years only months are ignored. Our analysis stage gives the following data: Time at Address % of Goods % of Bads 1-2 years 3.70% 9.70% 13-24 vears 23 40% 17 10%

In a scorecard development project, one characteristic – Time at Present Address – uses information obtained from the credit reference agency. This is reported in whole years only months are ignored. Our analysis stage gives the following data: Time at Address % of Goods % of Bads 1-2 years 3.70% 9.70% 13-24 vears 23 40% 17 10%

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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In a scorecard development project, one characteristic – Time at Present Address – uses information obtained from the credit reference agency. This is reported in whole years only - months are ignored. Our analysis stage gives the following data: Time at Address % of Goods % of Bads 1-2 years 13-24 years 25+ years 3-5 years 6-8 years 9-12 years 3.70% 9.70% 23.40% 17.10% 25.70% 16.50% 9.40% 15.10% 19.60% 23.10% 7.20% 3.60% <1 year 11.00% 14.90% While we often use K-S to assess the power of a scorecard, we can also use it as a measure of the strength of a characteristic. Calculate the K-S statistic to measure the difference in Good and Bad performance on this characteristic.
Transcribed Image Text:In a scorecard development project, one characteristic – Time at Present Address – uses information obtained from the credit reference agency. This is reported in whole years only - months are ignored. Our analysis stage gives the following data: Time at Address % of Goods % of Bads 1-2 years 13-24 years 25+ years 3-5 years 6-8 years 9-12 years 3.70% 9.70% 23.40% 17.10% 25.70% 16.50% 9.40% 15.10% 19.60% 23.10% 7.20% 3.60% <1 year 11.00% 14.90% While we often use K-S to assess the power of a scorecard, we can also use it as a measure of the strength of a characteristic. Calculate the K-S statistic to measure the difference in Good and Bad performance on this characteristic.
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