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Predictive Modeling Interview Questions in Predictive Modeling Tutorial
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Explain Important Model Performance Statistics?
1.
Explain Important Model Performance Statistics?
Answer»
AUC
> 0.7. No significant difference between AUC score of training vs validation.
KS should be in
TOP
3 deciles and it should be more than
30
Rank Ordering. No break in rank ordering.
Same signs of
PARAMETER
ESTIMATES
in both training and validation
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