Question: Table 5.5 shows a small set of predictive model validation results for a classification model with both actual values and propensities Table 5.5 Propensity Actual
Table 5.5 shows a small set of predictive model validation results for a classification model with both actual values and propensities
| Table 5.5 | |
| Propensity | Actual |
| 0.03 | 0 |
| 0.52 | 0 |
| 0.38 | 0 |
| 0.82 | 1 |
| 0.33 | 0 |
| 0.42 | 0 |
| 0.55 | 1 |
| 0.59 | 0 |
| 0.09 | 0 |
| 0.21 | 0 |
| 0.43 | 0 |
| 0.04 | 0 |
| 0.08 | 0 |
| 0.13 | 0 |
| 0.01 | 0 |
| 0.79 | 1 |
| 0.42 | 0 |
| 0.29 | 0 |
| 0.08 | 0 |
| 0.02 | 0 |
a. Calculate error rates, sensitivity and specificity using cutoff of 0.25, 0.5, and 0.75.
b) Using a cutoff of 0.5, create a decile lift chart. First create a table where column 1 is the decile and column 2 is the lift ratio for each decile. Then, use a bar chart to plot the decile lift chart using the two columns of the table.
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