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f . Calculate cost for both methods. Which model would you suggest being used using the cost, why? ( 1 ) Algorithm 1 PREDICTED CLASS

f. Calculate cost for both methods. Which model would you suggest being used using the cost, why?
(1)
Algorithm 1 PREDICTED CLASS
ACTUAL Fraud No Fraud
Fraud (P)150140
No Fraud 60200
Algorithm 2 PREDICTED CLASS
ACTUAL Fraud No Fraud
Fraud (P)25040
No Fraud 50210

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