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The data set HMEQ reports characteristics and delinquency information for 5 , 9 6 0 home equity loans. A home equity loan is a loan
The data set HMEQ reports characteristics and delinquency information for home equity loans. A home equity loan is a loan where the obligor uses the equity of his or her home as the underlying collateral. The data set has the following characteristics: Carefully preprocess the data set by considering the following activities marks:
exploratory data analysis
missing value handling if any
outlier detection and treatment if any
categorisation of the continuous variables if deemed useful
Weights of Evidence coding note that some additional coarse classification might be needed
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