QUESTION 1 (Classification model evaluation)
15 marks
Assume that two individuals offer to sell you their predictive models M. and M2. The
confusion matrices produced by each model are as follows.
Predicted Predicted
True
False
5
95
Actually
True
Actually
False
10
90
Performance of M.
Predicted Predicted
True False
85
15
Actually
True
Actually
False
95
5
Performance of M2
1. What is the accuracy of each model?
2. Assuming that precision is of paramount importance in your application, which of
the two models would you buy? Why?
3. Assuming that the cost of labeling as True something that is actually False far
exceeds the cost of labeling as False something that is actually True, which of the
two models would you buy? Why?

net worth is the difference between what you own and what you have. if you exceed your liabilities you have a positive net worth. if your liabilities are greater than your assets you have a negative net worth. its a snapshot of your financial situation. if you calculate your net worth you will see the end result of everything you've earned and spent as of now. net worth statements and all you asked of can you determine where you are, how to get where you want to be, if your spending   to much. honestly it can tell you a lot of things. i can go on, but you can paint the picture from here.

explanation:

answer; read and consider the content of the items;

two years ago, when picking flowers in the mountains back of yosemite valley, i found a book. it was blotted and storm-beaten; all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however; many of the inner pages were well preserved. and although all were more or less stained and torn, whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today; its granite pages have been torn and blurred by the same storms that wasted the castaway book.

two years ago, when picking flowers in the mountains back of yosemite valley; i found a book. it was blotted and storm-beaten, all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however, many of the inner pages were well preserved. and although all were more or less stained and torn; whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today, its granite pages have been torn and blurred by the same storms that wasted the castaway book.