Question: A bank has developed a classification model to predict what type of customer is most likely to be interested in opening an IRA (retirement savings)
A bank has developed a classification model to predict what type of customer is most likely to be interested in opening an IRA (retirement savings) account. Applying a classification technique to past customer records has produced the following output. Please use this information to answer the next four questions.
Question 1 (5 points)
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According to the decision model, which customers are most likely to open an IRA account? (select two answers)
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Question 2 (5 points)
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According to the decision model, which customers are NOT likely to open an IRA account? (select two answers)
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Question 3 (5 points)
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In what percentage of the cases did the model predict correctly?
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