Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Experiment with various classification methods and propose a final model for identifying customers who will respond to the targeted marketing. Your report should include a

Experiment with various classification methods and propose a final model for identifying customers who will respond to the targeted marketing.

Your report should include a chart of the Class 1 and Class 0 error rates for various values of the cutoff probability.

Recommend a cutoff probability value. For the test set, what is the overall error rate at this value? What are the Class 1 and Class 0 error rates at this value?

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

Small Business Finance And Valuation

Authors: Rick Nason, Dan Nordqvist

1st Edition

1952538122, 9781952538124

More Books

Students also viewed these Finance questions