Answered: You have the blow metrics for a model:…

You have the blow metrics for a model: TP = 40, TN = 45, FP = 7, FN = 8. The cost associated with model are: V_TP = 1.0, V_TN = 1.2, V_FP = -5.0, V_FN = -0.5. Find the expected

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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Question

You have the blow metrics for a model: TP = 40, TN = 45, FP = 7, FN = 8. The cost associated with model are: V_TP = 1.0, V_TN = 1.2, V_FP = -5.0, V_FN = -0.5. Find the expected value of using such a model.

1.231

0.846

0.649

1.050

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