{"product_id":"application-of-ai-in-credit-scoring-modeling-paperback","title":"Application of AI in Credit Scoring Modeling - Paperback","description":"\u003cp\u003eby \u003cb\u003eBohdan Popovych\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003eThe scope of this study is to investigate the capability of AI methods to accurately detect and predict credit risks based on retail borrowers' features. The comparison of logistic regression, decision tree, and random forest showed that machine learning methods are able to predict credit defaults of individuals more accurately than the logit model. Furthermore, it was demonstrated how random forest and decision tree models were more sensitive in detecting default borrowers.\u003c\/p\u003e\u003ch3\u003eBack Jacket\u003c\/h3\u003e\u003cp\u003eThe scope of this study is to investigate the capability of AI methods to accurately detect and predict credit risks based on retail borrowers' features. The comparison of logistic regression, decision tree, and random forest showed that machine learning methods are able to predict credit defaults of individuals more accurately than the logit model. Furthermore, it was demonstrated how random forest and decision tree models were more sensitive in detecting default borrowers.\u003cbr\u003e\u003cb\u003eAbout the author \u003c\/b\u003e\u003cb\u003eMA Bohdan Popovych\u003c\/b\u003e is a data scientist and a researcher in quantitative finance. The main scientific focus of the author is application of advanced analytics and artificial intelligence in finance and economics.\u003cbr\u003e\u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003eMA Bohdan Popovych is a data scientist and a researcher in quantitative finance. The main scientific focus of the author is application of advanced analytics and artificial intelligence in finance and economics.\u003c\/p\u003e\u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 83\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 0.24 x 8.27 x 5.83 IN\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eIllustrated:\u003c\/strong\u003e Yes\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e December 08, 2022\u003c\/div\u003e","brand":"Books by splitShops","offers":[{"title":"Default Title","offer_id":42123414896775,"sku":"9783658401795","price":178.18,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0601\/2623\/2711\/files\/4c488200c017de46d0a5ee6242b71bda.webp?v=1732566441","url":"https:\/\/booksby.splitshops.com\/products\/application-of-ai-in-credit-scoring-modeling-paperback","provider":"Books by splitShops","version":"1.0","type":"link"}