Question: Question 1 : Which variable has the most influence in the equipment failure model? Does this make sense? Why or why not? A . It
Question : Which variable has the most influence in the equipment failure model? Does this make sense? Why or why not?
A It would seem reasonable that the age variable would have a significant effect on the equipment failure model since equipment aging is a significant contributing factor to equipment failures. The chance of malfunctioning in equipment grows with age, and research backs up this theory. Age is a major factor in determining an asset's dependability and maintenance requirements.
Question : Examine the Confusion Matrix. Explain the specificity and sensitivity results. Based on these metrics, Is this model a good predictor of equipment failure? Would this be an acceptable model for the utilities company to use to schedule maintenance on equipment before it fails? Explain.
A
Question : Based on the confusion matrix and other metrics, is this model better than the prior model? Explain.
Question : What is the probability that this equipment will fail?
Question : Which attribute contributes the most to this prediction?
Challenge Activity: Provide a screenshot of your new prediction results.
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