Statistical origins and concepts of point scoring: 200 years old!
Article Abstract:
The term 'point scoring techniques' in the area of customer applications and credit reports may be recent in origin, but the methods are not new. Statistical studies are all based on essentially the same concepts, and the statistical methods utilized in development of point scoring systems have existed for over two centuries. Three steps statisticians take to estimate corresponding population values and confidence levels are: (1) taking random samples of equal size from the same populations, (2) making statistical inferences, and (3) performing significance tests. Payment predictability can only be inferred when sampling statistics are drawn from a sample of adequate size. A summary of statistical procedures needed to develop a point scoring system is presented.
Publication Name: Credit World
Subject: Banking, finance and accounting industries
ISSN: 0011-1074
Year: 1987
User Contributions:
Comment about this article or add new information about this topic:
Kitchen police
Article Abstract:
People who will not think twice going out of a restaurant with an unsanitary kitchen may themselves be eating food prepared at home kitchens that will never pass safety inspection standards. This is because of the sense of security people feel when they prepare their own food.
Publication Name: Walking
Subject: Sports and fitness
ISSN: 1079-705X
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
He's turning into a blob
Article Abstract:
Image problems is one of the most perennial difficulties faced by man during the middle-age period. Health reports revealed that almost 60% of men tend to have physical insecurities as a result of mismanaged diet and poor eating habits.
Publication Name: First for Women
Subject: Business, international
ISSN: 1040-9467
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Getting personal. Getting into gear with CPD. Getting to Grips with Editing
- Abstracts: Design gains wear thin in Spain. El sobrepaso. Suddenly hip Spain
- Abstracts: A new world according to Garth. The art of stardom
- Abstracts: Barefoot into PARC. Don't forget dessert
- Abstracts: Arbitrated matching: formulation and protocol. PA system