Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

( a ) Bank X has launched a new credit card with good benefits. The applicants need to satisfy certain criteria to be approved for

(a) Bank X has launched a new credit card with good benefits. The applicants need to satisfy certain criteria to be approved for this credit card. The features that are of interest to the bank are the customers annual income, their credit score and if they are existing customers. The below Table shows some applications with their outcome.
Application ID Existing Customer Annual Income () Credit Score Approved
534 yes 32000600 no
1378 no 48352850 yes
5111 no 18352350 no
17239 yes 82476950 yes
19516 yes 62591900 no
21321 no 122591540 yes
27210 yes 2591840 yes
56453 no 77779980 yes
1517239 yes 44445735 no
1723579 no 29557432 yes
1912346 yes 30112611 no
2224812 no 82221711 yes
The below Figure shows the decision tree created by training a model on credit card application data that are not available in the above Table.
(i) Obtain the predicted outcome for each application recorded in Table 1 using this decision tree
(ii) Draw the confusion matrix for this task.
(iii) Calculate the accuracy, recall, precision and F1 score.

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_2

Step: 3

blur-text-image_3

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

Secrets Of Analytical Leaders Insights From Information Insiders

Authors: Wayne Eckerson

1st Edition

1935504347, 9781935504344

More Books

Students also viewed these Databases questions