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What is Binary Logistic Regression Classification and How is it Used in Analysis?

ElegantJ BI

Use Case – 1 Business Problem: A bank loans officer wants to predict if loan applicants will be a bank defaulter or non defaulter based on attributes such as loan amount, monthly installments, employment tenure, how many times has the applicant been delinquent, annual income, debt to income ratio etc.

Logistics 130
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What is Binary Logistic Regression Classification and How is it Used in Analysis?

ElegantJ BI

Use Case – 1 Business Problem: A bank loans officer wants to predict if loan applicants will be a bank defaulter or non defaulter based on attributes such as loan amount, monthly installments, employment tenure, how many times has the applicant been delinquent, annual income, debt to income ratio etc.

Logistics 130
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What is Hierarchical Clustering and How Can an Organization Use it to Analyze Data?

ElegantJ BI

Use Case – 1 Business Problem: A bank wants to group loan applicants into high/medium/low risk based on attributes such as loan amount, monthly installments, employment tenure, the number of times the applicant has been delinquent in other payments, annual income, debt to income ratio etc.

Banking 130
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What is Hierarchical Clustering and How Can an Organization Use it to Analyze Data?

ElegantJ BI

Use Case – 1 Business Problem: A bank wants to group loan applicants into high/medium/low risk based on attributes such as loan amount, monthly installments, employment tenure, the number of times the applicant has been delinquent in other payments, annual income, debt to income ratio etc.

Banking 130
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What is Isotonic Regression and How Can a Business Utilize it to Analyze Data?

ElegantJ BI

Smarten Augmented Analytics tools include Assisted Predictive Modeling , Smart Data Visualization , Self-Serve Data Preparation , Clickless Analytics with natural language processing (NLP) for search analytics , Auto Insights , Key Influencer Analytics , and SnapShot monitoring and alerts.

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What is Isotonic Regression and How Can a Business Utilize it to Analyze Data?

ElegantJ BI

Business Benefit: Loan applicant’s can discover what predictors can lead towards the required loan amount to be eligible for further proceedings in turn ensuring systematic banking approach and also assist banks to check the loan eligibility criteria before sanctioning a loan to the applicant. Use Case – 2.

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What is Isotonic Regression and How Can a Business Utilize it to Analyze Data?

ElegantJ BI

Business Benefit: Loan applicant’s can discover what predictors can lead towards the required loan amount to be eligible for further proceedings in turn ensuring systematic banking approach and also assist banks to check the loan eligibility criteria before sanctioning a loan to the applicant. Business Use Case – Agriculture.