Question: QUESTION 3 a) State the difference in the rate between the two nodes. (4 mks) b) Suppose in a situation to estimate whether a customer

 QUESTION 3 a) State the difference in the rate between the

QUESTION 3 a) State the difference in the rate between the two nodes. (4 mks) b) Suppose in a situation to estimate whether a customer will default or not, some portfoio exhibits a large class with 1 % default rate to 99% of non-default rate. When this situaion happened, which of the two nodes in (a) is suitable to be used. State two (2) sampling techniques underthe selected node that can be apply to address the issue

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