Data Mining Pilot ProjectAudit Selection
Process
- Divided Audit Recovery into 4 Bands
- $1 - 1,000
- $1,000 - 5,000
- $5,000 - 10,000
- Over $10,000
- Divided 1997 Audit Sample into 2 Samples -- ”Test” Sample and “ Training Sample”
- Built Models using Training sample, applied to Test sample to test generalizability
- Applied Best Models to Predict Recovery for 1998 Audits