Calculate the misclassification rate for the following 5 observations using a 0.25 cutoff value. Actual Class 1 Observation Class Probability 1 0 0.11 1 0.24 0 0.76 1 0.37 1 0.07 12445 3 Multiple Choice. O 0.50 0.33 0.60 0.40

Calculate the misciassification rate for the following 5 observations using o 0.25 cutoff value. Multiple Choice 0.50 0.33 0.60 0.40