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Predicted Class 1 Predicted Class 0 Actual Class 1 75 25 Actual Class 0 84 816 In above confusion matrix, If the profit from an
Predicted Class 1 | Predicted Class 0 | |
Actual Class 1 | 75 | 25 |
Actual Class 0 | 84 | 816 |
- In above confusion matrix, If the profit from an order is much higher than the cost of sending a catalog, would the company benefit from a higher or lower cutoff rate for classifying prospective customers in class 1 and class 0?
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