Question: Lunar TV salls TV sets. It does not sell smart TVs so customers do not come to Lunar TV if they want to purchase smart

 Lunar TV salls TV sets. It does not sell smart TVs

Lunar TV salls TV sets. It does not sell smart TVs so customers do not come to Lunar TV if they want to purchase smart TVs. (Click the icon to view the additional information.) (Click the icon to view the confusion matrices.) Read the requirements. Data table Requirement 1. Complete the confusion matrices for the validation set. Start by constructing a confusion matrix for the cutoff point 0.70. Construct a confusion matrix for the cutoff point 0.30. makes a profit of $180 after taking into account the $35 it spends on that customer. Construct the payoff matrix and determine which cut off value Lunar TV should use. Start by constructing the payroll matrix. (Complete all answer boxes. Enter a 0 for any zero balances. Enter a spend or loss amount with a minus sign or parentheses.) Pavoff Matrix Requirements 1. Complete the confusion matrices for the validation set. 2. A team of management accountants at Lunar TV estimates the payoffs from their actions. For every customer it targets, Lunar TV will spend $35 to market to that customer. For every smart TV it sells, Lunar TV makes a profit of $180 after taking into account the $35 it spends on that customer. Construct the payoff matrix and determine which cut off value Lunar TV should use. 3. Are there any other factors Lunar TV should consider before building such a model

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