IVCalc: IVCalc

In CollapseLevels: Collapses Levels, Computes Information Value and WoE

Description

This function displays the Information Values by the levels of an attribute This information is displayed for all attributes in the data set

Usage

IVCalc(dset, resp = "y", bins = 10, adjFactor = 0.5)

Arguments

dset	The data frame containing the data set
resp	A character respresenting the name of the binary outcome variable The binary outcome variable may be a factor with two levels or an integer (or numeric ) with two unique values
bins	A number denoting the number of bins.Default value is 10
adjFactor	A number or a decimal denoting what is to be added to the number of responses (binary outcome variable is 1 ) or to the number of non responses (binary outcome variable is 0) if either is zero for any level of the attribute

Value

A list containing the tables of Information Values by levels for every attribute

Examples

# Load the German_Credit data set supplied with this package

data("German_Credit")

l<-list()

# Call the function as follows

l<-IVCalc(German_Credit,resp="Good_Bad",bins=10)

# Information Value for  the attribute Account_Balance in the German_Credit data

l$Account_Balance

CollapseLevels documentation built on July 1, 2020, 5:38 p.m.