Question: Decision Matrix - Fraud Investigation Model Target variable: 1 = fraud; 0 = not fraud Predicted Class (or Model's Decision) o 1 (not fraud) (fraud)

Decision Matrix - Fraud Investigation Model

Decision Matrix - Fraud Investigation Model Target variable: 1 = fraud; 0 = not fraud Predicted Class (or Model's Decision) o 1 (not fraud) (fraud) Actual Class 0 500 (or Actual outcome) 100 1 200 400 Select one correct answer to fill in the blank below. The model mis-classifies observations (i.e., the sum of the two errors) 300 700 900 500

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