Machine Learning Applications in Risk Management: Classifying Credit Card Default Using the Classification Learner App
From the series: Machine Learning Applications in Risk Management
Kawee Numpacharoen, MathWorks
Credit risk may be the largest exposure in many financial institutions. A higher accuracy in forecasting potential defaults could lead to better loss prevention and better overall performance. In this demo, you will learn how to use the Classification Learner app, an app in Statistics and Machine Learning Toolbox™, to create a predictive model for classifying a default event.
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