Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You have developed a random forest model to predict Good (1) vs. Bad (0) credit applicants. The benefit from accurately identifying a Good credit applicant

image text in transcribed
image text in transcribed
You have developed a random forest model to predict Good (1) vs. Bad (0) credit applicants. The benefit from accurately identifying a Good credit applicant is $143, and the cost of misclassifying a actual Bad applicant as Good is $231. The model gives the scores shown in the table below. actualClass score profit cumulativeProfit 0.96 0.87 O 0.80 0.715 o - O 0.614 0.55 O 0.44 0.34 0.197 0.12 What is the cumulative profit in the 5th row

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

Trigonometry (Subscription)

Authors: Mark Dugopolski

5th Edition

0135207487, 9780135207482

More Books

Students also viewed these Mathematics questions

Question

Do not pay him, wait until I come

Answered: 1 week ago

Question

Do not get married, wait until I come, etc.

Answered: 1 week ago

Question

Do not come to the conclusion too quickly

Answered: 1 week ago