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Using The R Library Rpanel For Gui-Based Simulations In Introductory Statistics Courses, Ryan M. Allison
Using The R Library Rpanel For Gui-Based Simulations In Introductory Statistics Courses, Ryan M. Allison
Statistics
As a student, I noticed that the statistical package R (http://www.r-project.org) would have several benefits of its usage in the classroom. One benefit to the package is its free and open-source nature. This would be a great benefit for instructors and students alike since it would be of no cost to use, unlike other statistical packages. Due to this, students could continue using the program after their statistical courses and into their professional careers. It would be good to expose students while they are in school to a tool that professionals use in industry. R also has powerful …
A Framework For Generating Data To Simulate Application Scoring, Kenneth Kennedy, Sarah Jane Delany, Brian Mac Namee
A Framework For Generating Data To Simulate Application Scoring, Kenneth Kennedy, Sarah Jane Delany, Brian Mac Namee
Conference papers
In this paper we propose a framework to generate artificial data that can be used to simulate credit risk scenarios. Artificial data is useful in the credit scoring domain for two reasons. Firstly, the use of artificial data allows for the introduction and control of variability that can realistically be expected to occur, but has yet to materialise in practice. The ability to control parameters allows for a thorough exploration of the performance of classification models under different conditions. Secondly, due to non-disclosure agreements and commercial sensitivities, obtaining real credit scoring data is a problematic and time consuming task. By …