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Task2 Model Plan Submission

The document outlines a predictive model plan for assessing customer delinquency risk using a Logistic Regression model. It details the model's workflow, justification for its choice, evaluation strategy with performance metrics, and ethical considerations. The model aims to provide reliable credit risk assessment while ensuring transparency and fairness in its predictions.

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0% found this document useful (0 votes)
1 views2 pages

Task2 Model Plan Submission

The document outlines a predictive model plan for assessing customer delinquency risk using a Logistic Regression model. It details the model's workflow, justification for its choice, evaluation strategy with performance metrics, and ethical considerations. The model aims to provide reliable credit risk assessment while ensuring transparency and fairness in its predictions.

Uploaded by

krittikamohanta5
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd

Predictive Model Plan – Delinquency

Prediction
1. Model Logic (Generated with GenAI)

Objective:
The model predicts whether a customer is likely to become delinquent (0 = No, 1 = Yes).

Model Workflow:
• Handle missing values using imputation.
• Encode categorical variables such as Employment_Status, Credit_Card_Type, and
Location.
• Scale numerical variables if necessary.
• Create additional features from payment history (Month_1 to Month_6).
• Split the dataset into 80% training and 20% testing data.
• Train a Logistic Regression model.
• Predict delinquency probabilities and classify customers into risk categories.

Pseudo-code:
Load dataset
Clean missing values
Encode categorical variables
Split data into train and test sets
Train Logistic Regression model
Predict delinquency probability
Evaluate model performance

Brief Explanation:
The model uses customer financial behavior, credit history, employment status, and
payment records to predict delinquency risk.

2. Justification for Model Choice

Selected Model: Logistic Regression

Reasons:
• Suitable for binary classification because Delinquent_Account has two outcomes.
• Highly interpretable and transparent for financial institutions.
• Easy to implement and computationally efficient.
• Generates probability scores useful for risk segmentation.
• Supports explainable AI and regulatory compliance.
Suitability for Geldium:
The model enables reliable and explainable credit risk assessment, helping Geldium make
informed lending decisions.

3. Evaluation Strategy

Performance Metrics:
• Accuracy: Overall correctness of predictions.
• Precision: Percentage of predicted delinquent customers that are truly delinquent.
• Recall: Percentage of actual delinquent customers correctly identified.
• F1 Score: Balance between precision and recall.
• AUC-ROC: Measures the model's ability to separate classes.

Interpretation:
• High recall reduces the risk of missing delinquent customers.
• Precision minimizes false alarms.
• Higher AUC-ROC indicates better model performance.

Bias Detection and Reduction:


• Evaluate performance across demographic groups.
• Monitor fairness metrics such as demographic parity and disparate impact.
• Address class imbalance using resampling methods if required.

Ethical Considerations:
• Protect customer privacy and data security.
• Avoid discriminatory outcomes.
• Use predictions as decision-support tools rather than fully automated decisions.
• Ensure transparency and explainability.

4. Final Submission

A Logistic Regression model is proposed to predict customer delinquency risk using


financial, behavioral, and credit-related variables. The model is interpretable, efficient,
and suitable for binary classification tasks. Model performance will be evaluated using
Accuracy, Precision, Recall, F1 Score, and AUC-ROC while ensuring fairness and
ethical AI practices.

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