The confusion matrix above was generated based on a cutoff rate of $0\mathrm{.}5.$ If the cost of missing a fraudulent insurance claim is much higher than the cost of investigating a potentially fraudulent insurance claim, should Randy change the cutoff rate when classifying claims?

multiple choice $2$

No$,$ changing the cutoff rate will have no impact on classifying claims.

Yes, Randy should increase the cutoff rate.

Yes, Randy should decrease the cutoff rate.