Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Based on the following table: ($1000/year) Instance Income Lot Size Gated Ownership 1 60 18.4 No owner 2 85.5 16.8 Yes owner 3 64.8 21.6

Based on the following table:

($1000/year)
Instance Income Lot Size Gated Ownership
1 60 18.4 No owner
2 85.5 16.8 Yes owner
3 64.8 21.6 No owner
4 61.5 20.8 No owner
5 87 23.6 Yes owner
6 110.1 19.2 Yes owner
7 108 17.6 Yes owner
8 82.8 22.4 Yes owner
9 69 20 No owner
10 93 20.8 No owner
11 51 22 No owner
12 81 20 Yes owner
13 75 19.6 Yes non-owner
14 52.8 20.8 No non-owner
15 64.8 17.2 No non-owner
16 43.2 20.4 No non-owner
17 84 17.6 Yes non-owner
18 49.2 17.6 No non-owner
19 59.4 16 Yes non-owner
20 66 18.4 No non-owner
21 47.4 16.4 No non-owner
22 33 18.8 No non-owner
23 51 14 No non-owner
24 63 14.8 Yes non-owner

Use Naive Bayes with a cut-off threshold value of 0.5 to convert the propensity score to an actual classification in Excel:

Income Lot Size Gated Ownership
64.2 18.9 Yes ?

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

Decision Support And Business Intelligence Systems

Authors: David King, Ting Peng Liang

9th Edition

013610729X, 9780136107293

More Books

Students also viewed these General Management questions

Question

How could an organization's culture be used as a control mechanism?

Answered: 1 week ago