Information Gain of Eggertopia Scores over the Base Rate For questions in this section, assume your model and the data it uses are not available – the bank’s choice is between Eggertopia scores and the base rate.

5. Information Gain of Eggertopia Scores over the Base Rate

For questions in this section, assume your model and the data it uses are not available – the bank’s choice is between Eggertopia scores and the base rate.

Question: What is the Mutual Information of the Eggertopia Scores?

In other words, on the Test Set, What is the information gain, in average bits per event, over the base rate of (.25, .75) offered by the Eggertopia Scores?

• .1305 bits per event
• .1255 bits per event
• .1243 bits per event
• .1205 bits per event