Question: Can you help me with the following problem? 1. In Homework #3, we worked with this confusion matrix, representing the results of a model used

Can you help me with the following problem?

Can you help me with the following problem? 1. In Homework #3,

1. In Homework #3, we worked with this confusion matrix, representing the results of a model used to differentiate between fraudulent and legitimate transactions (where p = actually fraudulent, n = actually legitimate, T = labelled fraudulent, F = labelled legitimate): Raw Counts True Class (Model 1) p n Predicted T 30 58 Class F 32 920 a. Convert this matrix to one of expected rates (i.e., probabilities) and determine the class priors. (Please round your results to 3 digits.) Expected Rates True Class [Model 1) p n Predicted T Class F Prob (p) = Prob (n) =

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