Decision Range
The Range Decision model in Scorport is the simplest and most intuitive way to assign decisions based on numerical ranges. By defining custom ranges using the (From, To] convention, you can associate specific statuses with each range for streamlined decision-making. This ensures clear and accurate evaluation of numerical inputs, such as scores, income levels, or other quantitative data.
What Is a Range Decision?
Range Decisions allow users to define decision logic using numerical thresholds. Each range represents a specific interval, and a corresponding status is assigned (e.g., Yes, No, Maybe). Scorport uses the (From, To] convention, meaning the left side is not included, but the right side is included in the range.
Key Features
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Customizable Ranges:
- Define ranges with start (From) and end (To) values using the (From, To] convention.
- For example, (400, 500] includes 401 to 500 but excludes 400.
- This ensures that there is no overlap or ambiguity when defining ranges.
- Define ranges with start (From) and end (To) values using the (From, To] convention.
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Flexible Status Assignment:
- Assign a label (e.g., Yes, No, Maybe) to each range.
- Define as many statuses as required (e.g., Approved, Denied, Pending).
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Dynamic Updates:
- Edit ranges and statuses dynamically as your business logic evolves.
- Change colors and statuses for each range with a single click.
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Real-Time Execution:
- Once configured, the system applies the range logic in real-time, automating decision-making.
How to Create a Range Decision
Step 1: Navigate to the Decision Designer
- Open the Decision Designer module from the dashboard.
- Select Range Decision as your decision model type.
Step 2: Add Ranges
- Click Add Row to define a new range.
- Input the following details:
- Label: Assign a label to the range (e.g., B, A, C).
- Alias: Provide a user-friendly name (e.g., Yes, No, Maybe).
- From: Specify the starting value (exclusive).
- To: Specify the ending value (inclusive).
Step 3: Assign Statuses
- Use the Status field to assign a status (e.g., Yes, Maybe, No) for each range.
- You can dynamically change the color of each status for better visualization:
- Green: Positive outcomes (e.g., Yes).
- Yellow: Conditional outcomes (e.g., Maybe).
- Red: Negative outcomes (e.g., No).
Step 4: Fine-Tune and Save
- Adjust the ranges and statuses as needed.
- Save the decision model to use it in workflows or strategies.
Example: Credit Risk Assessment
- Use a range decision to evaluate credit scores based on the (From, To] convention:
- (500, 1000]: Yes (Green) → Approve Loan
- (400, 500]: Maybe (Yellow) → Further Review
- (0, 400]: No (Red) → Deny Loan
Benefits of Range Decisions
- Ease of Use: Quickly define and adjust ranges without complexity.
- Customizable: Tailor ranges and statuses to match your business requirements.
- Scalable: Handle simple or extensive ranges depending on the use case.
The (From, To] range convention ensures clarity and precision when defining numerical intervals, making Range Decisions a reliable and efficient tool for automating decision-making.
