For some $8000$ customer profiles, in addition to a data-set, I have two kinds of scores available:
Type 1 Scoreranges from $0$ to $1$ and gives the prediction probability of that profile belonging to a class. The distribution of this score is severely skewed, as shown
Type 2 Scoreranges from $-5$ to $5$ and is a risk score for the profile obtained using the PRIDIT method on the actual data. The distribution of this score is fairly normal
The objective is to bin the profiles into some $N$ bins using the aforementioned information. The bins should represent various degrees of risk associated with that profile.
My first thought was to cluster the profiles based on the two scores available to us. However no meaningful clusters were observed.
The next idea was to sort the data on
Type 1 Score and then cut on the points where there's a sudden change in slope, which seemed like a good idea at first but here's what the plot for
Type 1 Score looks like ...
What I am thinking now is to transform
Type 1 Score and
Type 2 Score together to give some pseudo-normal type of distribution, hoping that some kind of discretization might give the correct bins.
My questions are:
- How can I transform the two scores into a pseudo-normal distribution?
- What would be a better way to approach the above problem?