Question: You used the k-Nearest Neighbors method to predict the average balance in a customer's bank account. You set k = 1 to 20 and XLMiner

You used the k-Nearest Neighbors method to
You used the k-Nearest Neighbors method to predict the average balance in a customer's bank account. You set k = 1 to 20 and XLMiner reported the best k = 5. The table below gives the 5 nearest neighbors in the training set for a new customer and the average balance in the bank account for each neighbor. Neighbor 1 2 3 I 4 5 Average 1,840 1,970 2,150 2,410 Balance ($) For the new customer, the average balance in the bank account is predicted to be $ O2,120 2,150 1,840 2,410

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