04/15/04 MATHEMATICS DEPARTMENT, FERRIS STATE UNIVERSITY
MATH COLLOQUIUM, THURSDAY, APRIL 15, 11:00 AM, STARR 138
INVITED Daniel Mihalko,
SPEAKER: Professor, Department of Statistics, Western Michigan University
TITLE: Credit Scoring Methodology in Banking
This talk will discuss the statistical methodology used in building scoring models for the banking industry. Scoring model will be defined and several examples of scoring models will be given. The use of logistic regression in building scoring models will be explained. The difference between logistic regression and linear regression will be demonstrated. The so-called ‘reject inference’ problem will be discussed.
REFRESHMENTS: 11:00 AM, STARR 138