logo

Crowdly

What cost will the company occur if the model simply always predicts to not perf...

✅ The verified answer to this question is available below. Our community-reviewed solutions help you understand the material better.

What cost will the company occur if the model simply always predicts to not perform maintenance? Assume that (i) when the model predicts that maintenance should be performed when it is not the case, the company loses $1000 and (ii) when the model predicts that maintenance should not be performed and the production line breaks down, the company will lose $5000.

 

 

Actual

 

 

Maintenance

Not

Predict

Maintenance

2

5

 

Not

1

22

More questions like this

Want instant access to all verified answers on stemlearn.sun.ac.za?

Get Unlimited Answers To Exam Questions - Install Crowdly Extension Now!