How do I update my scoring model for better accuracy?

How do I update my scoring model for better accuracy?

To update your scoring model, you should first analyze the current model's performance and identify areas for improvement.

What data should I use to retrain the model?

You should use the most recent and relevant data that reflects the current trends and patterns in your domain.

How often should I update the model?

It's recommended to update your model regularly, such as quarterly or biannually, depending on how fast your data changes.

Are there specific algorithms that work better for scoring models?

Yes, algorithms like logistic regression, decision trees, and ensemble methods often perform well for scoring models.