Calculating Information Value
So far you have combined data from multiple sources and created new variables to derive insights from data. Do you think all these variables can explain turnover?
Information Value (IV) helps in measuring and ranking the variables on the basis of the predictive power of each variable. You can use Information Value (IV) to drop the variables which have very low predictive power.
Deze oefening maakt deel uit van de cursus
HR Analytics: Predicting Employee Churn in R
Oefeninstructies
- Load the
Informationpackage. - Use the
emp_finaldataset from the previous exercise to find information value of all the variables in the dataset. - Print Information Value (IV) of each variable.
Praktische interactieve oefening
Probeer deze oefening eens door deze voorbeeldcode in te vullen.
# Load Information package
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# Compute Information Value
IV <- create_infotables(data = ___, y = ___)
# Print Information Value
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