Which of the Following Statements Is False

question 46

Multiple Choice

Which of the following statements is false?

• A) Another way to check a classification estimator's accuracy is via a confusion matrix, which shows only the incorrect predicted values (also known as the misses) for a given class.
• B) To create a confusion matrix imply call the function confusion_matrix from the sklearn.metrics module, passing the expected classes and the predicted classes as arguments, as in: from sklearn.metrics import confusion_matrix
• Confusion = confusion_matrix(y_true=expected, y_pred=predicted)
• C) The y_true keyword argument in Part (b) specifies the test samples' actual classes.
• D) The y_pred keyword argument in Part (b) specifies the predicted classes for the test samples.

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Definitions:

Normal Profit Margin

The average or expected profit margin that a business aims to achieve under normal operating conditions.

Allowance Method

An accounting technique used to account for expected credit losses on accounts receivable by anticipating uncollectible accounts.

Market Valuation

Market valuation is the process of determining the monetary value of a company or asset in the marketplace, typically reflected in its stock price or the total market capitalization.

Direct Method

A cash flow statement presentation that itemizes the major categories of gross cash receipts and payments, providing a clearer view of a company's cash flow from operating activities.