Successful Implementation of a Classification Tree Requires Rules for Splitting

question 33

True/False

Successful implementation of a classification tree requires rules for splitting the data at each node based on an independent variable.

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Definitions:

Income Distribution

The way in which total income is shared among the population or different segments of the economy.

Unequal

Lacking equality in size, quantity, or degree; not evenly distributed or balanced.

Lorenz Curve

The Lorenz Curve is a graphical representation of the distribution of income or wealth within a society, indicating the degree of inequality.

Equitable

Fair and impartial treatment, especially in matters of distribution of wealth, opportunities, and privileges within a society.