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Business Analytics · End Term · 22 Dec 2024 · September 2024 term

Question 24: The table below contains the details of 6 customers who …

Question 24

+2 marksNumerical answer

The table below contains the details of 6 customers who have applied for a bike loan. Based on the 2 inputs (X1 & X2), the bank must decide whether to provide the bike loan or not. In addition, the actual decision on the loan is provided in the column (Y_act).

A senior Business Analyst used logistic regression and computed the below values. Based on the data provided answer the subquestions

What is the precision of class 1? Hint: Round off your answer to two decimal places and if your answer is 0.5543, please enter it as 55.43

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Correct answer: 25

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Question 24 of 31 in the IIT Madras BS Business Analytics (Business Analytics) End Term paper sat on 22 Dec 2024, in the September 2024 term (IIT M FOUNDATION DIPLOMA AN EXAM QDF3 22 Dec 2024). It carries 2 marks.

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