Explain why (i) misclassification costs are needed in this scenario, and (ii) the overall error rate is

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Explain why (i) misclassification costs are needed in this scenario, and (ii) the overall error rate is not the best measure of a good model.

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Data Mining And Predictive Analytics

ISBN: 9781118868676

2nd Edition

Authors: Daniel T Larose, Chantal D Larose

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