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The following data show a list of 30 observations and an estimated probability of Class 1 membership produced by the classification algorithm. a) Create confusion

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The following data show a list of 30 observations and an estimated probability of Class 1 membership produced by the classification algorithm. a) Create confusion matrices for cutoff values of 0.75, 0.5, and 0.25. b) Find the the followings for each cutoff values: Class 1 error rate, Class 0 error rate, and overall error rate Sensitivity = ? Specificity = ? Precision = ? F1 Score = ? c) What do you observe? Explain. Actual Class Probability of Class 1 1.00 1.00 - 1.00 0 0.90 0 0.87 1 0.85 0 0.84 0.84 0.83 0.83 0.80 0.80 0.78 0.77 0.69 0.68 0.65 o 0.60 0.55 0.50 0.40 0.35 0.24 0.22 0.10 0.38 0.35 0.24 0.22 0.10

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