Hi Guys,
I want to use Scorecard that evaluates applicants based on income, employment status, and existing debt.
How can I configure the scorecard model to assign different weights to each of these attributes?
Thankyou and Regards,
Rohith.
Hi @Rohith A
To configure a Scorecard in Pega that evaluates applicants based on income, employment status, and existing debt, create a Scorecard rule in Dev Studio and define each attribute as a characteristic with its corresponding property (e.g., .Income, .EmploymentStatus, .ExistingDebt). For each attribute, define score bins—such as income ranges or employment categories—and assign scores to each bin based on their impact. To assign different weights, scale the bin scores proportionally to reflect the attribute’s importance (e.g., if income is more important, assign higher scores to its bins), or apply weights through a formula in a data transform after the Scorecard execution (e.g., .FinalScore = (.IncomeScore * 0.5) + (.EmploymentScore * 0.3) + (.DebtScore * 0.2)). Use the scorecard in a decision strategy to evaluate or classify applicants based on the computed score.
Thank you and Regards,
Mamatha