More Ways to get a Scoring Model wrong

I got the following answer from Linkedin groups**

on my Ten Ways to get a Scoring Model Wrong.

1.  Typo 
2. Refuse to use central tendency to patch missing values. Instead, assign highest response rate because WOE says so 
3. Marketing people tell me to force the variable into the model 
4.  Selection bias 
5.  Forgot to segment 
6. Solely rely on data to segment without consulting the biz side 
7.  Just delete observations with missing values, OK, without studying geometricl boundaries 
8.  Using oversampling, but refuse to weight it back. That boosts lift, right? Let us do 50-50 
9. Insist random sampling is sufficient, while stratified sampling is critical 
10. Binning too much, or two little 
11. Selecting variables without repeated sampling 
12. Forgot to exclude numeric customer id from the candidate variables. AND,it pops….Well, both Unica and Kxen accepted it, So I see no problem 
13. When the same variable is sourced by different vendors, did not look up the scales under the same name. Just combine them 
14.  Well, SAS Enterprise Miner gave me this mode…

I got the following answer from Linkedin groups**

on my Ten Ways to get a Scoring Model Wrong.

1.  Typo 
2. Refuse to use central tendency to patch missing values. Instead, assign highest response rate because WOE says so 
3. Marketing people tell me to force the variable into the model 
4.  Selection bias 
5.  Forgot to segment 
6. Solely rely on data to segment without consulting the biz side 
7.  Just delete observations with missing values, OK, without studying geometricl boundaries 
8.  Using oversampling, but refuse to weight it back. That boosts lift, right? Let us do 50-50 
9. Insist random sampling is sufficient, while stratified sampling is critical 
10. Binning too much, or two little 
11. Selecting variables without repeated sampling 
12. Forgot to exclude numeric customer id from the candidate variables. AND,it pops….Well, both Unica and Kxen accepted it, So I see no problem 
13. When the same variable is sourced by different vendors, did not look up the scales under the same name. Just combine them 
14.  Well, SAS Enterprise Miner gave me this model yesterday 
15. The binary variable is statistically significant, but there are only 27 event=1, out of ~1mm, since only 27 made some purchases.. 
16. Well, I only have 250 events=1. But I think I can use exact logistic to make it up, all right? I got a PHD in Statistics, Trust me, my professor is OK with it. I just called her. 
17.  Build two-stage model without Heckman adjustment 
18. Use global mean over the WHOLE customer base to replace missing value on a much smaller universe/subset. So average networth of a high networth client group has 22% worth only 225K 
19. I just spent the past two days boosting R-square. Now it is 92. Great. 
20. Forgot to set descending option in proc logistic in SAS 
21. I think we should hold out missing values when conducting EDA. 
22. Without proper separation of ‘treatment and control 
23. Treat business entities and individuals as equal and mix them in the same universe
24. Runing clustering without validation 
25. Running discriminant model without validation. So correct classification rate on development is 89% and that over validation is …35%.(no wonder you finished it in two hours and came here to ask me for a raise) 
26. Disregard link function in multi-nomil models 
27. I think this is a better variable: xnew=y*y*y*. It is the top variable dominating others. 
28. Use standardized coefficient to calculate relative importance, because many people are doing and marketing loves it. 
29. I tried Goolge Analtyics last Friday. It recommends this variable: click stream density over Thanksgivning weekend, on my web portal, on this item 
30.  Let us treat this matrix as unary so we can apply Euclidean, since that runs faster and has a lot of optimal properties. It makes our life easier 
31. Let us use score from that model to boost this model and use score from this model to boost it back. Is that what they call neural nets, Jia? 

Enough?

31 Ways to get a model wrong – and Hats off to a fellow mate in suffering -Jia**

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Coming up – One Way to get a scoring model correct