Business, 13.11.2020 16:20 demetriascott20
A data mining routine has been applied to a transaction dataset and has classified 88 records as fraudulent (30 correctly so) and 952 as nonfraudulent (920 correctly so). Construct the classification matrix and calculate the error rate. Classification Confusion MatrixPredicted ClassActual Class0 (nonfraudulent)1 (fraudulent)0 (nonfraudulent)1 (faudulent)The error rate is ? (up to 4 decimal places)
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A data mining routine has been applied to a transaction dataset and has classified 88 records as fra...
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