Question: John also knows that decision tree is another classification method and would like to seek your advice on whether decision tree or Naive Bayes is

 John also knows that decision tree is another classification method and

John also knows that decision tree is another classification method and would like to seek your advice on whether decision tree or Naive Bayes is more appropriate for this. Explain your answer. 2. Bank A would like to build a logistic regression model to predict whether a new customer will accept a loan offer. The model is built based on the following predictor attributes Table 2.1 The following is obtained after training has performed on a training set of Bank A customers. ln(1P(loan=yesP(loan=yes))=10.620.05467x1+0.0521x2+0.117x3+0.001x40.673x6+3.132x70.611x8 (a) [4 pts] Based on this result, briefly explain the impact of each attribute on the probability of loan acceptance. (b) [4 pts] What is odd that a customer use Internet banking facilities will accept a lo offer compared to one who does not? c) [7 pts] The following is the model's validation confusion matrix. Table 2.2 John also knows that decision tree is another classification method and would like to seek your advice on whether decision tree or Naive Bayes is more appropriate for this. Explain your answer. 2. Bank A would like to build a logistic regression model to predict whether a new customer will accept a loan offer. The model is built based on the following predictor attributes Table 2.1 The following is obtained after training has performed on a training set of Bank A customers. ln(1P(loan=yesP(loan=yes))=10.620.05467x1+0.0521x2+0.117x3+0.001x40.673x6+3.132x70.611x8 (a) [4 pts] Based on this result, briefly explain the impact of each attribute on the probability of loan acceptance. (b) [4 pts] What is odd that a customer use Internet banking facilities will accept a lo offer compared to one who does not? c) [7 pts] The following is the model's validation confusion matrix. Table 2.2

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!