Binning Explorer

Bin data and export into a creditscorecard object

Description

The Binning Explorer app enables you to manage binning categories for a creditscorecard object. Use screenpredictors to pare down a potentially large set of predictors to a subset that is most predictive of the credit score card response variable. You can then use this subset of predictors when creating a MATLAB^® table of data. After creating a table of data in your MATLAB workspace, or after using creditscorecard to create a creditscorecard object, use the Binning Explorer to:

• Select an automatic binning algorithm with an option to bin missing data. (For more information on algorithms for automatic binning, see autobinning.)

• Shift bin boundaries.

• Split bins.

• Merge bins.

• Save and export a creditscorecard object.

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Open the Binning Explorer App

• MATLAB toolstrip: On the Apps tab, under Computational Finance, click the app icon.

• MATLAB command prompt:

  • Enter binningExplorer to open the Binning Explorer app.

  • Enter binningExplorer(data) or binningExplorer(data,Name,Value) to open a table in the Binning Explorer app by specifying a table (data) as input.

  • Enter binningExplorer(sc) to open a creditscorecard object in the Binning Explorer app by specifying a creditscorecard object (sc) as input.

To access Help for the App, click the Help icon on the toolbar.

Note

When using the Binning Explorer app with MATLAB Online:

• The App toolbar is not available for MATLAB Online. To access Help, from the MATLAB command prompt, enter doc binningExplorer.

• MATLAB Online does not display predictor information using three panels (Overview, Bin Information, and Predictor Information) in the Binning Explorer window. Instead, MATLAB Online displays these panels as tabs labeled Overview, Bin Information, and Predictor Information.

• When performing manual binning, selected predictors are displayed in a tab in the Binning Explorer window. When you close the tab for a predictor, you do not return to the Overview panel. To return to the Overview panel, click the Overview tab.

Examples

Related Examples

• Overview of Binning Explorer
• Feature Screening with screenpredictors
• Common Binning Explorer Tasks
• Binning Explorer Case Study Example
• Case Study for a Credit Scorecard Analysis
• Stress Testing of Consumer Credit Default Probabilities Using Panel Data