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Describe what is happening in the following below cases. An RRSP model is developed from a random sample of bank's customer and is applied to

  1. Describe what is happening in the following below cases.
    1. An RRSP model is developed from  a random sample of bank's customer and is applied to customers over the age of 55 and performs miserably. Why?
    2. A logistic regression model performs the same as a multiple regression in predicting response. Why?
    3.  The same logistic model is developed but never used. Why?
    4. A decision tree model is used over a logistic regression despite the fact that both models perform equally well. Why

What is the one advantage in building a deep learning model over a logistic regression model.

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1 Poor Performance of RRSP Model with Customers over 55 The RRSP Registered Retirement Savings Plan model developed from a random sample of bank customers may perform poorly when applied to customers ... blur-text-image

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