Journal of Antivirals & Antiretrovirals

Journal of Antivirals & Antiretrovirals
Open Access

ISSN: 1948-5964

+44 1300 500008

Jinming Cao

School of Information and Mathematics, Yangtze University, Jingzhou, Hubei, China

  • Research Article   
    Logistic Model of Credit Risk Based on MCMC Method
    Author(s): Bin Zhao* and Jinming Cao

    In this paper, the Markov Chain Monte Carlo (MCMC) method is used to estimate the parameters of Logistic distribution, and this method is used to classify the credit risk levels of bank customers. OpenBUGS is bayesian analysis software based on MCMC method. This paper uses OpenBUGS software to give the bayesian estimation of the parameters of binomial logistic regression model and its corresponding confidence interval. The data used in this paper includes the values of 20 variables that may be related to the overdue credit of 1000 customers. First, the "Boruta" method is adopted to screen the quantitative indicators that have a significant impact on the overdue risk, and then the optimal segmentation method is used for subsection processing. Next, we filter three most useful qualitative variables. According to the WOE and IV value, and treated as one hot.. View More»
    DOI: 10.35248/1948-5964.21.s18.001

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