Question: Consider Model 3 , which predicts a continuous score: Actual Model 3 0 . 6 0 . 8 1 0 . 9 8 1 0

Consider Model 3, which predicts a continuous score:
Actual Model 30.60.8
10.98
10.82
00.78
10.75
10.61
00.53
10.49
00.30
00.21
00.10
For Model 3, compute sensitivity, specificity, precision, and accuracy for two thresholds: 0.6 and 0.8.
[Hint: For each of the thresholds, compare with the Model 3 predicted scores and identify 1s and 0s. Use the standard convention where a score greater than or equal to the threshold is predicted as 1(positive), and a score less than the threshold is predicted as a 0(negative).]
Assume the following benefits and costs:
The benefit of identifying a True Positive: 4
The benefit of identifying a True Negatives: 3
The cost of a False Positive: -8
The cost of a False Negative: -1
Answer the following questions.
What is the net benefit of running Model 3 at a threshold of 0.6 and 0.8, respectively?
Group of answer choices
19,20
0.80,0.70
0.80,0.57
20,19

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