If I have an alternate confusion matrix similar to one above. I am trying to predict bad risk.
I do understand that with .04 probability I am able to find more bad risk but I would want to know what implication does this .04 has interms of business.Why do I want a different cut off then .5?
Walk in ready to learn. Walk out ready to deliver. This is the data and AI conference you can't afford to miss. Register now and lock in 2025 pricing—just $495!