25' a Survey Data ll Lift & Decile Chart 9A cruise company wants to know which factors influence an individual's interest to go for a cruise vacation. It conducted a survey of sixteen people 9chosen randomly. The survey asked the participants about their annual inco me (in $000), age (in years), and whether they had ever been in a cruise (1 - Y es, 0- No). A logistic regreSSIon was developed to 1 8predict Cruise with Income and Age. The model generated the probability of 063 belonging to the positive class (Class 1) based on the individual' 5 income m and age. .5 W ~403th U! G) GENO! moan: U1 01 \"(J10 515103 030) M NGIRQ'JU'I'J O) 01\" ~04 OK'HWWU'IU' -' CO _n 0.62 0 82 _ Suppose you have access to a bigger sample (say, 1000) of this dataset. a) Explain clearly how a lift chart and a decile chart for this dataset can be constructed. b) Discuss the use and potential advantages of such mcharts. 003