# Answer the following questions 3. (a) Consider the contingency table below and compute the ACCURACY rate... Answer the following questions 3. (a) Consider the contingency table below and compute the ACCURACY rate and ERROR rate for model M1. MODEL M1 PREDICTED CLASS Class-Yes Class No ACTUAL Class Yes 10 70 CLASS Class No 10 10 (b) Consider the contingency table below and compute the ACCURACY rate and ERROR rate for model M2 MODEL M2 PREDICTED CLASS Class Yes Class-No ACTUAL Class-Yes 70 CLASS Class No 10 20 (c) Given the following cost matrix, compute the cost of the above classification model Cost Matrix PREDICTED CLASS ACTUAL Cai Yes No CLASS -1 100 + 1 0

3).

a) From the given model M1,we have

Total = n = (70+10+10+10) = 100, True negative (TN) = 70 , True positive (TP) = 10 , False negative (FN) = 10 , False positive (FP) = 10

So, Accuracy = (TP+TN)/n = (10+70)/100 = 0.8,

Error Rate = (FP+FN)/n = (10+10)/100 = 0.2

b) From the given model M2, we have

Total = n = 70+0+20+10 = 100 , TN = 70 ,TP = 10, FN = 20 , FP = 0. So,

Accuracy = (TP + TN)/n = (10+70)/100 = 0.8,

Error Rate = (FP + FN)/n = (0+20)/100 = 0.2.

c) Cost for model M1 = 70(-1) + 10(100) + 10(1) +10(0)

= ( -70+1000+10+0) = 940

Cost for model M2 = 70(-1) + 0(100) + 20(1) + 10(0)

= (-70+0+20+0) = (-50).

##### Add Answer of: Answer the following questions 3. (a) Consider the contingency table below and compute the ACCURACY rate...
Similar Homework Help Questions
• ### Consider the following contingency table with ordinal variables VariableA | A1 | A2| A3 Variable ... Consider the following contingency table with ordinal variables VariableA | A1 | A2| A3 Variable B120 40 15 BB2 40 30 12 B3 70 90 33 АЗ a- b- c- Test the hypothesis of independence using the Pearson correlation statistic. Calculate the number of concordant and discordant pairs Calculate the Gamma measure and the Somer's d measure. Consider the following contingency table with ordinal variables VariableA | A1 | A2| A3 Variable B120 40 15 BB2 40 30 12 B3...

• ### C) Estimate the linear model for a state's unemployment rate shown below (i.e. estimate Bo and β1... Only question 6 please, this is the model referred to in Question 6 from 5.c c) Estimate the linear model for a state's unemployment rate shown below (i.e. estimate Bo and β1) using OLS. Write the resulting regression equation. unemployment rate-β0 + β|minimum wage + ε 6. The following questions ask you to use the regression model you estimated to predict unemployment rates (ie, the model in 5.c). Use the unemployment and minimum wage data from the table above to...

• ### Required information The following information applies to the questions displayed below] Trico Company set the following... Required information The following information applies to the questions displayed below] Trico Company set the following standard unit costs for its single product. Direct materials (30 Ibs. \$4.80 per 1b.) Direct labor (6 hrs. e \$14 per hr.) Factory overhead-variable (6 hrs.e \$7 per hr.) Factory overhead-fixed (6 hrs. e \$12 per hr.) \$144.00 84.00 42.00 72.00 Total standard cost \$342.00 The predetermined overhead rate is based on a planned operating volume of 80 % of the productive capacity of...

• ### 1. Consider the training examples shown in the table below for a binary classification problem. (... 1. Consider the training examples shown in the table below for a binary classification problem. (60 points) der Car Type Shirt Size Class CO Customer ID Gen Small Medium Medium Large Family Sports Sports Sports SportsExtra LargeCO SportsExtra Large CO Sports Sports Sports Luxury Family FamilyExtra Large C1 Family LuxuryExtra Large C1 Luxury Luxury Luxury Luxury Luxury Luxury Small Small Medium Large Large 10 C1 12 13 14 15 16 17 18 19 20 Medium C1 Small Small Medium Medium...

• ### Required information Use the following information for the Problems below. The following information applies to the q... Required information Use the following information for the Problems below. The following information applies to the questions displayed below.] Trico Company set the following standard unit costs for its single product. Direct materials (30 Ibs. \$5. 10 per Ib.) Direct labor (4 hrs. @\$15 per hr.) Factory overhead-variable (4 hrs \$6 per hr.) Factory overhead- fixed (4 hrs. Q \$11 per hr. ) 153, 00 60, 00 24. 00 44, 00 281. 00 Total standard cost The predetermined overhead rate...

• ### Use the following information for the Exercises below. [The following information applies to the questions displayed be... Use the following information for the Exercises below. [The following information applies to the questions displayed below] Sedona Company set the following standard costs for one unit of its product for 2017 Direct material (30 lbs. \$2.50 per lb.) Direct labor (20 hrs. @ \$4.80 per hr.) Factory variable overhead (20 hrs. @ \$2.30 per hr.) Factory fixed overhead (20 [email protected] \$1.20 per hr.) \$ 75.00 96.00 46.00 24.00 \$241.00 Standard cost The \$3.50 (\$2.30 \$1.20) total overhead rate per...

• ### Required information [The following information applies to the questions displayed below.) A manufactured product has the... Required information [The following information applies to the questions displayed below.) A manufactured product has the following information for June. Direct materials Direct labor Overhead Units manufactured Standard (6 lbs. @ \$8 per lb.) (3 hrs. @ \$16 per hr.) (3 hrs. @ \$12 per hr.) Actual 49,000 lbs. @ \$8.10 per lb. 24,000 hrs. @ \$16.40 per hr. \$297,200 8,100 Compute the direct labor rate variance and the direct labor efficiency variance. Indicate whether each variance is favorable or...

• ### Consider the economy described by the following equations: C = 1,600 + 0.9 (Y – T) I p = 800 G = 1,600 NX = 200 T = 1,600 Y* = 29,000 a. Complete the table shown below to find short-r...

Consider the economy described by the following equations: C = 1,600 + 0.9 (Y – T) I p = 800 G = 1,600 NX = 200 T = 1,600 Y* = 29,000 a. Complete the table shown below to find short-run equilibrium output. Consider possible values for short-run equilibrium output as they are given in the table below. Instructions: If you are entering any negative numbers be sure to include a negative sign (-) in front of those numbers. OutputY...

• ### Required information (The following information applies to the questions displayed below.] A manufactured product has t... Required information (The following information applies to the questions displayed below.] A manufactured product has the following information for June. Direct materials Direct labor Overhead Units manufactured Standard (6 lbs. @ \$7 per lb.) (3 hrs. @ \$16 per hr.) (3 hrs. @ \$12 per hr.) Actual 43,800 lbs. @ \$7.20 per lb. 21,300 hrs. @ \$16.40 per hr. \$264,300 7,200 Compute the direct materials price variance and the direct materials quantity variance. Indicate whether each variance is favorable or...

• ### Required information The following information applies to the questions displayed below) A manufactured product has... Required information The following information applies to the questions displayed below) A manufactured product has the following information for June. Direct materials Direct labor Overhead Units manufactured Standard (7 lbs. @ \$7 per lb.) (3 hrs. @ \$15 per hr.) (3 hrs. \$12 per hr.) Actual 58,600 lbs. 57.10 per lb. 24,600 hrs. @ \$15.50 per hr. \$384,100 8,300 Compute the direct labor rate variance and the direct labor efficiency variance Indicate whether each variance is favorable or unfavorable. AH...

Need Online Homework Help?