Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

5.7 Table 5.5 shows a small set of predictive model validation results for a classification model, with both actual values and propensities. a. Calculate error

image text in transcribed
5.7 Table 5.5 shows a small set of predictive model validation results for a classification model, with both actual values and propensities. a. Calculate error rates, sensitivity and specificity using cutoffs of 0.25, 0.5, and 0.75. b. Using a cutoff of 0.5, create a decile lift chart. First, create a table where column 1 is the decile and column 2 is the lift ratio for each decile. Then, use a bar chart to plot the decile lift chart using the two columns of the table. TABLE 5.5 PROPENSITIES AND ACTUAL CLASS MEMBERSHIP FOR VALIDATION DATA Propensity Actual 0.03 0.52 0.38 0.82 0.33 0.42 0.55 0.59 0.09 0.21 0.43 0.04 0.08 0.13 0.01 0.79 0.42 0.29 0.08 0.02

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Algebra Form And Function

Authors: William G McCallum, Eric Connally, Deborah Hughes Hallett

2nd Edition

1119032091, 9781119032090

More Books

Students also viewed these Mathematics questions