Question: 5 . 4 Consider Figure 5 . 1 2 , the decile lift chart for the transaction data model, applied to new data. c .

5.4

Consider Figure

5.12,

the decile lift chart for the transaction data model, applied to new data. c

.

Another analyst comments that you could improve the accuracy of the model by classifying everything as nonfraudulent. If you do that, what is the error rate?

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