1-What is the net profit (benefits minus costs) we can derive from

using the trained model with a threshold of 0.4?

a- $680

b-$280

c- $150

2-At which threshold is net profit higher?

a-At threshold of 0.5

b-At threshold of 0.4

3-At which threshold is net profit higher?

a-At threshold of 0.5

b-At threshold of 0. 4

Suppose that a trained model produced the following confusion matrix at thresholds of 0.5 and 0.4: Predictions Threshold = 0.5 Predicted Positive 100 Predicted Negative 50 90 Actuals Actual Positive Actual Negative 110 Threshold = 0.4 Predictions Predicted Predicted Positive Negative 130 120 80 20 Actuals Actual Positive Actual Negative Assume that the benefit of correct predictions and the cost of incorrect predictions is as follows: $4 $2 Benefit of TP Benefit of TN Cost of FP Cost of FN -$3 -$2. Use the above Confusion Matrices to answer the following questions. Suppose that a trained model produced the following confusion matrix at thresholds of 0.5 and 0.4: Predictions Threshold = 0.5 Predicted Positive 100 Predicted Negative 50 90 Actuals Actual Positive Actual Negative 110 Threshold = 0.4 Predictions Predicted Predicted Positive Negative 130 120 80 20 Actuals Actual Positive Actual Negative Assume that the benefit of correct predictions and the cost of incorrect predictions is as follows: $4 $2 Benefit of TP Benefit of TN Cost of FP Cost of FN -$3 -$2. Use the above Confusion Matrices to answer the following questions