MCDMClassification Evaluation Tool
Lift and Gain Chart
Lift and gain charts visualize classifier performance by showing how much better the model performs compared to random selection, particularly useful for ranking or scoring tasks where you select a top percentage of samples. They are widely used in marketing, credit scoring, and fraud detection.
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Sources
- Maimon, O. Z., & Rokach, L. (Eds.). (2010). Data Mining and Knowledge Discovery Handbook (2nd ed.). Springer. DOI: 10.1007/978-0-387-09823-4 ↗
- Naeem Siddiqi (2006). Credit Risk Scorecards: Developing and Implementing Intelligent Credit Scoring. John Wiley & Sons. link ↗