SCENARIO 17-5 The Output Below Shows the Results of the Neural Network

question 30

Short Answer

SCENARIO 17-5
The output below shows the results of the neural network model that has been constructed to predict the probability of a cable company's customers who will switch ("Yes" or "No")into its bundled program offering based on the price ($30,$40,$50,$60)and whether the customer spends more than 5 hours a day watching TV ("Yes" or "No")using the date set of 100 customers collected from a survey.

Business Analytics 17-19
-Referring to Scenario 17-5,the misclassification rate of 0.2058824 in the validation data set means that how many customers in the validation data are incorrectly classified?

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Definitions:

Retained Earnings

The portion of net income that is not distributed to shareholders as dividends but is kept by the company for reinvestment or to pay off debt.

Functional Currency

The functional currency is the currency of the primary economic environment in which an entity operates and conducts its business transactions.

Balance Sheet Items

Components that make up a balance sheet, including assets, liabilities, and shareholders' equity.

Historic Rate

The exchange rate used to convert foreign currency transactions to the reporting currency at the date of the transaction, for accounting purposes.