Question: Table 5.7 shows a small set of predictive model validation results for a classification model, with both actual values and propensities. a. Calculate error rates,
Table 5.7 shows a small set of predictive model validation results for a classification model, with both actual values and propensities.
a. Calculate error rates, sensitivity, and specificity using cutoffs of 0.25, 0.5, and 0.75.
b. Create a decile-wise lift chart in R.
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