Previous Next JavaScript must be enabled to correctly display this content

## 1.51.1 Create Quantitative Scoring Model

This topic describes the systematic instructions to configure the quantitative scoring model based on the various scoring parameters.

The parameters driving the scoring models are configurable. The user can create quantitative scoring model by updating various details.
Specify User ID and Password, and login to Home screen.

1. On Home screen, click Core Maintenance. Under Core Maintenance, click Credit Decision.
2. Under Credit Decision, click Maintenance. Under Maintenance, click Quantitative Scoring Model.
3. Under Quantitative Scoring Model, click Create Quantitative Scoring Model.
   The Create Quantitative Scoring Model screen displays.

   Figure 1-198 Create Quantitative Scoring Model

   Description of "Figure 1-198 Create Quantitative Scoring Model"
4. On Create Quantitative Scoring Model screen, specify the fields.

   Note:

   The fields, which are marked with an asterisk, are mandatory.
   For more information on fields, refer to the field description table.

   Table 1-151 Create Quantitative Scoring Model - Field Description

   Field | Description
   --- | ---
   Scoring Model | Select the scoring model from the drop-sown list. The available options are: Application Scoring Model Applicant Scoring Model Multi-Applicant Scoring Model
   Scoring Model Code | Specify the unique scoring model code.
   Scoring Model Description | Specify a short description for the scoring model.
   Effective Date | Specify the effective date.
   Expiry Date | Specify the expiry date.
   Product Processor | Specify the product processor for which the model is being created.
   Priority | Specify the priority of the model.

5. Click the Selection Criteria to define quantitative scoring model.

   Figure 1-199 Create Quantitative Scoring Model - Selection Criteria

   Description of "Figure 1-199 Create Quantitative Scoring Model - Selection Criteria"
   For more information on fields, refer to the field description table.

   Table 1-152 Create Quantitative Scoring Model - Selection Criteria - Field Description

   Field | Description
   --- | ---
   Use Existing Rule | By default, this option is enabled. Indicates if the existing rule is linked.
   Rule Code | Select the rule code from the drop down list.
   | Click this icon to get the information about the existing rule.
   Rule Name | Displays the rule name of the selected rule code.
   Create New Rule | Select this option to create new rule.
   Code | Specify the rule code.
   Description | Specify the rule description.
   + icon | Click this icon to add new expression.
   Fact / Rules | Select the fact or rule from the drop-down list. Once the user selects the fact/rules, one more field opens adjacent to the output, update the same based on the selected output option.
   Operator | Select the comparison operator from the drop-down list. The available options are: < > + = % != - >= <= * / Contains In Matches NotMatches NotContains Notin
   Data Type | Select the data type for the fact or rule. Once the user select the data type, one more field opens adjacent to the output, update the same based on the selected output option. The available options are: Text Number Boolean Date Fact Rules The below option appears if the Data Type is selected as Boolean. True False
   Output | Select the output from the drop-down list. Once the user select the data type, one more field opens adjacent to the output, update the same based on the selected output option. The available options are: Text Number Boolean Date Fact Rules The below option appears if the Data Type is selected as Boolean. True False
   Expression | Displays the expression updated in the expression builder.

6. Click the Scoring Rule to define the rules. This tab is enabled if Application Scoring Model is selected.
   The Create Quantitative Scoring Model - Scoring Rule screen displays.

   Figure 1-200 Create Quantitative Scoring Model - Scoring Rule

   Description of "Figure 1-200 Create Quantitative Scoring Model - Scoring Rule"
   For more information on fields, refer to the field description table.

   Table 1-153 Create Quantitative Scoring Model - Scoring Rule - Field Description

   Field | Description
   --- | ---
   Rule Code | Select the rule code from the drop-down list.
   | Click this icon to get the information about the rule.
   Rule Name | Displays the rule name of the rule code.

7. Click the Feature tab to define the feature. This tab is enabled if Applicant Scoring Model and Multiple Applicant Scoring Model is selected.
   The Create Quantitative Scoring Model - Feature screen displays.

   Figure 1-201 Create Quantitative Scoring Model - Feature

   Description of "Figure 1-201 Create Quantitative Scoring Model - Feature"
   For more information on fields, refer to the field description table.

   Table 1-154 Create Quantitative Scoring Model - Feature - Field Description

   Field | Description
   --- | ---
   + icon | Click this icon to add a new row.
   - icon | Click this icon to delete a row, which is already added.
   Feature | Select the feature from the drop-down list.
   Weightage (%) | Specify the weightage to be assigned to each feature code.
   Range Type | Select the range type from the drop down list. The available options are: Max Value Param Percent% Value For Applicant Scoring Model, this field is editable.
   Define Range/Value | Click the Define link to define the score for the expected response.
   Enable | By default, this option is enabled. Indicates if the scoring parameter is enabled or not.

8. Click the define link to define a range or absolute values for each scoring feature to be considered for scoring model and score for that range or value.
   In case the data type of feature is numeric such as Bureau score, the Create Quantitative Scoring Model - Define Link - Numeric Feature screen displays.

   Figure 1-202 Create Quantitative Scoring Model - Define Link - Numeric Feature

   Description of "Figure 1-202 Create Quantitative Scoring Model - Define Link - Numeric Feature"
   For more information on fields, refer to the field description table.

   Table 1-155 Create Quantitative Scoring Model - Define Link – Numeric Feature - Field Description

   Field | Description
   --- | ---
   Range Type | Displays the range type selected.
   Max Value | Specify the maximum value on which scoring has to be done, if range type ID is Max Value % or Param %.
   + icon | Click this icon to add a new row.
   - icon | Click this icon to delete a row, which is already added.
   Range From | Specify the minimum range of value based on which scoring is to be done.
   Range To | Specify the maximum range of value based on which scoring is to be done.
   Score/Percentage | Specify the percentage to be assigned for each range or value, if range type is Max value % or Param %. Specify the score to be assigned for each range or value, if range type is Value.
   Category | Specify the category for each range or value from the drop-down list. The values are configurable based on the lookup values maintained. The available options are: Strong Medium Weak

   If the data type of feature is alphanumeric such as Employment Category, the below screen appears.

   Figure 1-203 Create Quantitative Scoring Model - Define Link –Alphanumeric Feature

   Description of "Figure 1-203 Create Quantitative Scoring Model - Define Link –Alphanumeric Feature"
   For more information on fields, refer to the field description table.

   Table 1-156 Create Quantitative Scoring Model - Define Link –Alphanumeric Feature - Field Description

   Field | Description
   --- | ---
   Range Type | Displays the range type selected. The default value for the same is Value.
   Max Value | Specify the maximum value for the range type.
   + icon | Click this icon to add a new row.
   - icon | Click this icon to delete a row, which is already added.
   Value | Specify the value of the feature.
   Score | Specify the score assigned for each range value.
   Category | Specify the category for each range or value from the drop-down list. The available options are: Strong Medium Weak

9. Click Done to save the data and close the range panel.
10. Click Save to save the details.
    The quantitative scoring model is successfully created and can be viewed using the View Quantitative Scoring Model screen.

Parent topic: Quantitative Scoring Model