Perform a costbenefit analysis for the default cart model, Ask an Expert

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Perform a cost/benefit analysis for the default CART model from Exercise 1 as follows. Assign a cost or benefit in dollar terms for each combination of false and true positives and negatives, similarly to Table 15.5. Then, using the contingency table, find the overall anticipated cost.

Exercise 1

Why do we need to evaluate our models before model deployment?

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Computer Engineering, Engineering

Category:- Computer Engineering
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