arXiv:2503.21792

Binary AddiVortes: (Bayesian) Additive Voronoi Tessellations for Binary Classification with an application to Predicting Home Mortgage Application Outcomes

Adam J. Stone, Emmanuel Ogundimu, John Paul Gosling

제출 2025-03-18

원문 초록

The Additive Voronoi Tessellations (AddiVortes) model is a multivariate regression model that uses multiple Voronoi tessellations to partition the covariate space for an additive ensemble model. In this paper, the AddiVortes framework is extended to binary classification by incorporating a probit model with a latent variable formulation. Specifically, we utilise a data augmentation technique, where a latent variable is introduced and the binary response is determined via thresholding. In most cases, the AddiVortes model outperforms random forests, BART and other leading black-box regression models when compared using a range of metrics. A comprehensive analysis is conducted using AddiVortes to predict an individual's likelihood of being approved for a home mortgage, based on a range of covariates. This evaluation highlights the model's effectiveness in capturing complex relationships within the data and its potential for improving decision-making in mortgage approval processes.

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