Understand Weight of Evidence and Information Value! - Analytics Vidhya

We have all built a logistic regression at some point in our lives. Even if we have never built a model, we have definitely learned this predictive model technique theoretically. Two simple, undervalued concepts used in the preprocessing step to build a logistic regression model are the weight of evidence and information value. I would like to bring them back to the limelight through this article. First thing first, we all know logistic regression is a classification problem.