Someone asked me a question on credit scoring model using WOE/IV only (without using logistic/OLS regression/CHAID).
Is it possible to give points to a variable based on its IV value and to the individual categories of that variable based on their WOE.
Suppose, the following is the output from the IV table, how would you use the WOE to give scores to them.
Asssumption - Total score is 100…
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