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Use the confusion matrix for Model X and confusion matrix for Model Y to answer questions 4 through 6.
-You will notice that the lift for both models is the same. Assume that the cost of a false reject is significantly higher than the cost of a false accept. Which model is the better choice?
Crowdsourcing
Crowdsourcing involves obtaining input, ideas, or content by soliciting contributions from a large group of people, especially from an online community, rather than from traditional employees or suppliers.
GPS App
A software application that utilizes the Global Positioning System to provide geographical location and navigation information to users on their devices.
Live Traffic Updates
Real-time information provided about traffic conditions, such as congestion, accidents, and road closures.
Equity Crowdfunding
A form of crowdfunding that gives investors the opportunity to become shareholders in a company.
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