Weight of Evidence Transformation

categorical
machine_learning
data_science
statistics

#1

Can someone help me understand the advantages of doing a weight of evidence transformation on predictors using weight of evidence technique?


#2

It helps you to get a good look at the predictors that will help you build a model. And predicting using the WOE is quite an interesting way.

Check the above link. One of the well explained WOE article. Usually will come up in your google search as top article.