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Alternate Confusion Matrix

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New Contributor
Posts: 2

Alternate Confusion Matrix

ConfusionMatrix.png

 

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?

Grand Advisor
Posts: 16,343

Re: Alternate Confusion Matrix

It looks like you're using JMP? 

It has its own forum

 

https://community.jmp.com/welcome

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