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FIN*4000

Machine Learning for Economics and Finance

Capstone Project Grading Rubric

Abstract and Introduction

Points

Clearly summarizes the motivation of the project and main results. It is clearly explained why the problem is important and why it makes sense to use a machine learning approach over a traditional method.

10

Data

 

Data is clearly explained with key summary statistics. Data was   plotted to support the project motivation. Domain knowledge was used to create the features and clean the data.

10

 

Methodology

 

Project incorporated most methods from the class including lasso, ridge, principal component regression, random forest, boosting,   linear/logistic regression, support vector machines, KNN. The      validation set approach or CV was used to tune parameters. Deep learning can be used to replace some methods above.

20

The machine learning methods are clearly and intuitively described (i.e., researcher is not simply using ML packages without deeply    understanding the methods). It is clearly described how you            managed to solve the problem using machine learning tools, and    why these methods can outperform the traditional benchmark.        Proper methods for model evaluation and comparison were used.

20

Results and Conclusion

 

Clear analysis of how the machine learning performed. Clear          explanation of how they compare to existing benchmarks. If your   methods did not do as well as you were expecting, could you           elaborate as to why? What conclusions can you draw from the         project? What are the economic implications of your findings?        Given your results, how would you extend the project in the future?

20

Code

 

Code is clean and easily readable. Code utilizes methods learned in this course including pandas and scikit-learn.

 

Note that submitting uncommented code or not submitting code at  all can result in substantial grade reductions in other sections. Code must be original and not copied from websites (e.g., Kaggle).

10

Communication

 

Writing is clear, concise, and well-organized. Virtually no spelling, punctuation, or grammatical errors.

10

Total

100