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You Work for a Bank and Are Building a Random

question 33

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You work for a bank and are building a random forest model for fraud detection. You have a dataset that includes transactions, of which 1% are identified as fraudulent. Which data transformation strategy would likely improve the performance of your classifier?


Definitions:

Made in the U.S.A.

A label indicating that a product has been manufactured or substantially transformed in the United States.

Cooling Off Rule

A federal regulation allowing consumers to cancel certain types of sales or contracts within three days for a full refund.

Rescind Contract

To rescind a contract means to legally cancel or terminate the agreement, returning the parties to the positions they held before entering into the contract.

Do Not Call Registry

A national list managed by the U.S. government where individuals can register their telephone numbers to restrict unsolicited telemarketing calls.

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