In order to perform honest assessment on a predictive model, what is an acceptable division between training, validation, and testing data?
Answer(s): D
Refer to the exhibit:Based upon the comparative ROC plot for two competing models, which is the champion model and why?
Answer(s): B
A marketing campaign will send brochures describing an expensive product to a set of customers. The cost for mailing and production per customer is $50. The company makes $500 revenue for each sale.What is the profit matrix for a typical person in the population?
Answer(s): C
A confusion matrix is created for data that were oversampled due to a rare target. What values are not affected by this oversampling?
This question will ask you to provide missing code segments.A logistic regression model was fit on a data set where 40% of the outcomes were events (TARGET=1) and 60% were non-events (TARGET=0). The analyst knows that the population where the model will be deployed has 5% events and 95% non-events. The analyst also knows that the company's profit margin for correctly targeted events is nine times higher than the company's loss for incorrectly targeted non-event.Given the following SAS program:What X and Y values should be added to the program to correctly score the data?
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