Question: Below is the confusion matrix when classifying 1 , 0 0 0 mortgages ( in a validation set ) that a bank extended to applicants,
Below is the confusion matrix when classifying mortgages in a validation set that a bank extended to applicants, into either a default or a repayment status using a classification tree. Unfortunately the contents in most of the cells are unavailable.
What is the correct classification rate? Please express your answer as a percentage, answer to the th decimal place.
If you are told that a particular mortgage from the validation set has been repaid, what is the probability that your model misclassified it as a default? Provide a numeric estimate. Please provide your answer by rounding to nearest thousandth decimal place and do not put a sign at the end of your answer.
Populate the missing values of the table.
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