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In a scorecard development, analysis has taken place on the characteristic Income. The application form had the following question: What is your Income? Tick the
In a scorecard development, analysis has taken place on the characteristic Income. The application form had the following question: What is your Income? Tick the appropriate box. 25K+ 1K- 4K 5K - 10K 10K - 15K 15K - 25K The scorecard is designed to generate scores between 100 and 600. In the modelling, the possible scores for this characteristic were calculated as follows: Income 1K - 4K 5K - 10K 10K - 15K 15K - 25K 25K+ No Response -13 0 14 29 51 -22 List weaknesses of this possible scorecard characteristic and of its data collection
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