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Loan Eligibility Prediction

Problem Statement

Predict Loan Eligibility for a Finance company

Approach

Performed crucial data science steps from Hypothesis Generation, Data Preparation to Exploratory Data Analysis and Model Building

Outcome

Achieved accuracy of 80% in loan eligibility prediction using Logistic Regression model

Process Flow

  1. Understanding Problem Statement
  2. Hypothesis Generation
  3. Getting the system ready and loading the data
  4. Understanding the data
  5. Exploratory Data Analysis (EDA)
    • Univariate Analysis
    • Bivariate Analysis
  6. Missing Value and Outlier Treatment
  7. Evaluation Metrics for classification problems
  8. Model Building Part-I
  9. Logistics regression using stratified k-folds cross validation
  10. Feature Engineering
  11. Model Building Part-II
  • Logistic Regression
  • Decision Tree
  • Random Forest
  • XGBoost