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

question 95

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,out of the 27 customers who did not switch in the validation data set,how many are correctly classified by the neural network?

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Definitions:

Resale Revenue

Income generated from selling a product or asset that was previously bought.

Recycling Revenue

Income generated from collecting, processing, and selling recyclable materials.

Processing Cost

The expenses associated with the operation of transforming raw materials into finished products.

Disposal Cost

The expense associated with getting rid of waste materials or unwanted products, including costs related to transportation, processing, and adherence to environmental regulations.