source avatar𝐈𝐛𝐧𝐦𝐚𝐫𝐳𝐮𝐤

Share

Day 15. New project. No model yet. Loan approval. A lender gets a file and has to say yes or no. Approve the wrong person, the bank loses money. Reject the right person, someone loses capital. That is not regression. We are not predicting how much. It is binary classification. Two classes. One target. Target: Loan_Status Y = approve N = reject What the model will see Gender, married, dependents, education, self-employed Applicant income and coapplicant income Loan amount and term Credit history Property area What it will not see Loan_ID. That names the row. It does not describe the person. Expected output A class, and a probability if the algorithm allows it. Not a live credit decision. A first-pass screen on a public table. Same shape as the diabetes project. Different domain. Problem first. Model later. #MachineLearning #Classification #BigBrains

No.0 picture
No.1 picture
No.2 picture
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.