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Business Analytics · End Term · 28 Apr 2024 · January 2024 term

Question 29: | S.No | y_actual | y_pred | |---|---|---| | 1 | Loyal |…

Question 29

+2 marksNumerical answer

An automotive company wants to understand its model performance of a classification problem where the task is to classify loyal customers and those Not Loyal. Using the table given below, answer the given subquestions

S.Noy_actualy_pred
1LoyalLoyal
2Not LoyalLoyal
3LoyalNot Loyal
4LoyalLoyal
5LoyalLoyal
6Not LoyalLoyal
7LoyalLoyal
8LoyalNot Loyal
9Not LoyalLoyal
10Not LoyalNot Loyal
11Not LoyalNot Loyal
12LoyalLoyal

What is the precision of class 1? (in percentage)
Hint: Round your answer to two decimal places and answer them in terms of percentage. Example: If your answers is 0.735, write it as 73.50.

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Correct answer: 64.45 (accepted within ±2.25)

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Question 29 of 32 in the IIT Madras BS Business Analytics (Business Analytics) End Term paper sat on 28 Apr 2024, in the January 2024 term (IIT M FOUNDATION DIPLOMA AN EXAM QDF3 28 Apr 2024). It carries 2 marks.

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