From what iI understand PSI is used for continuous data. Generally, equal sized bins are created to compare two data set, and number of buckets is usually 10. Is that for a reason, why 10 bucket? Also, I was wondering if PSI can also be use categorical data less than 10 value? In case of categorical variables, what approach would be the best to estimate the shift in the population.?
Bumped by Community user
Bumped by Community user
Bumped by Community user