Using Dataset Transformations and Machine Learning to Assess Loan Risk
We had a great turnout for Tuesday’s webinar that detailed BigML’s Winter 2014 Release. In the webinar, BigML’s CIO Poul Petersen used loan data from Prosper (a peer-to-peer lending site) to assess risk for prospective loan applicants.
Some of the key features that were highlighted in the webinar include:
- Dataset filtering
- Dataset sampling
- How (and why) to use weights to balance models
- How to adjust the node threshold (i.e., the depth) in BigML’s decision trees
- How to add new fields to a dataset
- K-threshold ensembles
- Batch predictions
Check it out for yourself here and stay tuned for details on our next webinar, which will focus on Programmatic Machine Learning via BigML’s API!