Introduction to Predictive Modeling - Module 3
Description
Module 3 consists of 25 slides.
By the end of the module, you should understand:
- How to test the appropriateness of continuous variables in a model, and how to identify the need to transform a continuous variable.
- How to assess whether a model fits the underlying data properly.
- The importance of testing model performance on holdout data.
- How to estimate confidence intervals for GLM parameter estimates via bootstrapping.
- How to assess model lift using quantile plots, double lift charts, and the Gini index.