Data Mining for Business Analytics: Concepts, Techniques, and Applications with XLMiner
Data Mining for Business Analytics: Concepts, Techniques, and Applications with XLMiner
3rd Edition
ISBN: 9781118729274
Author: Galit Shmueli, Peter C. Bruce, Nitin R. Patel
Publisher: WILEY
bartleby

Concept explainers

bartleby

Videos

Textbook Question
Book Icon
Chapter 5, Problem 4P

Consider Figure 5.16, the decile-wise lift chart for the transaction data model, applied to new data.

Chapter 5, Problem 4P, Consider Figure 5.16, the decile-wise lift chart for the transaction data model, applied to new

a. Interpret the meaning of the first and second bars from the left.

b. Explain how you might use this information in practise.

c. Another analyst comments that you could improve the accuracy of the model by classifying everything as nonfraudulent. If you do that, what is the error rate?

d. Comment on the usefulness, in this situation, of these two metrics of model performance (error rate and lift).

Blurred answer
Students have asked these similar questions
This is a question that I have and would like someone who has experiences with scene graphs and entity component systems to answer.For context, I am currently implementing a game engine and currently I am debating on our current design.Our current design is we have a singular game component class that every component inherits from. Where we have components like SpriteRendererComponent, Mehs Component, etc. They inherit from this GameComponent class. The point of this is being able to have O(1) access to the scene to being able to modify components to attach more components with the idea of accessing those components to specific scene objects in a scene.Now, my question is what kinds of caveauts can this cause in terms of cache coherence? I am well aware that yes its O(1) and that is great but cache coherence is going to be really bad, but would like to know more explicit details and real-life examples such as write in RAM examples on how this is bad. A follow-up question that is part…
Q4: Consider the following MAILORDER relational schema describing the data for a mail order company. (Choose five only). PARTS(Pno, Pname, Qoh, Price, Olevel) CUSTOMERS(Cno, Cname, Street, Zip, Phone) EMPLOYEES(Eno, Ename, Zip, Hdate) ZIP CODES(Zip, City) ORDERS(Ono, Cno, Eno, Received, Shipped) ODETAILS(Ono, Pno, Qty) (10 Marks) I want a detailed explanation to understand the mechanism how it is Qoh stands for quantity on hand: the other attribute names are self-explanatory. Specify and execute the following queries using the RA interpreter on the MAILORDER database schema. a. Retrieve the names of parts that cost less than $20.00. b. Retrieve the names and cities of employees who have taken orders for parts costing more than $50.00. c. Retrieve the pairs of customer number values of customers who live in the same ZIP Code. d. Retrieve the names of customers who have ordered parts from employees living in Wichita. e. Retrieve the names of customers who have ordered parts costing less…
Q4: Consider the following MAILORDER relational schema describing the data for a mail order company. (Choose five only). (10 Marks) PARTS(Pno, Pname, Qoh, Price, Olevel) CUSTOMERS(Cno, Cname, Street, Zip, Phone) EMPLOYEES(Eno, Ename, Zip, Hdate) ZIP CODES(Zip, City) ORDERS(Ono, Cno, Eno, Received, Shipped) ODETAILS(Ono, Pno, Qty) Qoh stands for quantity on hand: the other attribute names are self-explanatory. Specify and execute the following queries using the RA interpreter on the MAILORDER database schema. a. Retrieve the names of parts that cost less than $20.00. b. Retrieve the names and cities of employees who have taken orders for parts costing more than $50.00. c. Retrieve the pairs of customer number values of customers who live in the same ZIP Code. d. Retrieve the names of customers who have ordered parts from employees living in Wichita. e. Retrieve the names of customers who have ordered parts costing less than$20.00. f. Retrieve the names of customers who have not placed…

Chapter 5 Solutions

Data Mining for Business Analytics: Concepts, Techniques, and Applications with XLMiner

Additional Engineering Textbook Solutions

Find more solutions based on key concepts
The part of a problem that can be solved without recursion is the ____ case. a. base b. solvable c. known d. it...

Starting Out with Programming Logic and Design (5th Edition) (What's New in Computer Science)

What is the termination condition in the recursive function of Question/Exercise 3?

Computer Science: An Overview (13th Edition) (What's New in Computer Science)

True or False: Enumerated data types are actually special types of classes.

Starting Out with Java: From Control Structures through Data Structures (4th Edition) (What's New in Computer Science)

Knowledge Booster
Background pattern image
Computer Science
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, computer-science and related others by exploring similar questions and additional content below.
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Database Systems: Design, Implementation, & Manag...
Computer Science
ISBN:9781305627482
Author:Carlos Coronel, Steven Morris
Publisher:Cengage Learning
Text book image
Principles of Information Systems (MindTap Course...
Computer Science
ISBN:9781305971776
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Enhanced Entity Relationship Model; Author: Data Science Center;https://www.youtube.com/watch?v=ocQUtXPumdQ;License: Standard YouTube License, CC-BY