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

Decision Matrix - Fraud Investigation Model

Target variable: 1 = fraud; 0 = not fraud

Predicted Class (or Model's Decision)

0

(not fraud)

1

(fraud)

Actual Class

(or Actual outcome)

 0 500

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)

Group of answer choices

300

700

900

500

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