Question: Given this data about the benefits (+) and costs (-) of correctly and incorrectly classifying data, which model would you use and why? Hint: Pay

Given this data about the benefits (+) and costs

Given this data about the benefits (+) and costs (-) of correctly and incorrectly classifying data, which model would you use and why? Hint: Pay attention to the labels. TP: +5, FP:-2, FN:-1, TN: 0 Outcome Confusion Matrix for Model 1 Negative Positive Negative 4 1 Prediction Positive 3 2 Outcome Confusion Matrix for Model 2 Negative Positive Negative 5 0 Prediction Positive 2 3 O Model 1 with expected value > 5 Model 2 with expected value > 5 Model 2 with expected value

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