How does the 'WOE' method work and what are its key options?

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Réponse

The 'WOE' (Weight of Evidence) method groups variables by maximizing the Information Value (IV). Key options include 'woeAdjust' to handle bins with zero events or non-events, and 'woeDefinition' which can be set to 'EVENT' (ln(event/non-event)) or 'NONEVENT' (ln(non-event/event)).
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