Mountain TV sells TV sets. It does not sell smart TVs so customers do not come to Mountain TV if they want to purchase smart TVs. (Click the icon to view the additional information.) To choose a cutoff probability, the team develops the confusion matrices below for two cutoff probabilities on a validation sample of 900 households comprising 270 buyers and 630 non-buyers of smart TVs. (Click the icon to view the confusion matrices.) Read the requirements. Requirement 1. Complete the confusion matrices for the validation set. Start by constructing a confusion matrix for the cutoff point 0.70 . Data table Requirements 1. Complete the confusion matrices for the validation set. 2. A team of management accountants at Mountain TV estimates the payoffs from their actions. For every customer it targets, Mountain TV will spend $40 to market to that customer. For every smart TV it sells, Mountain TV makes a profit of $190 after taking into account the $40 it spends on that customer. Construct the payoff matrix and determine which cut off value Mountain TV should use. 3. Are there any other factors Mountain TV should consider before building such a model