You are building a classification model to predict whether a firm will go bankrupt within the next 5 years. When you collect the data, you find that the number of instances of firms that went bankrupt is smaller than the number of cases of firms that did not go bankrupt. Specifically, only 7% of the firms went bankrupt, while the rest did not go bankrupt. Once you build the classification model, you need to compare performance against a baseline. Which of the following would be an appropriate baseline? Always predicting that the firm does not go bankrupt Making a prediction that a firm goes bankrupt with 7% probability Always predicting that the firm goes bankrupt Making a prediction from the set (bankrupt, not bankrupt) with equal probability

You are building a classification model to predict whether a firm will go bankrupt within the next 5 years. When you collect the data, you find that the number of instances of firms that went bankrupt is smaller than the number of cases of firms that did not go bankrupt. Specifically, only 7% of the firms went bankrupt, while the rest did not go bankrupt. Once you build the classification model, you need to compare performance against a baseline. Which of the following would be an appropriate baseline? Always predicting that the firm does not go bankrupt Making a prediction that a firm goes bankrupt with 7% probability Always predicting that the firm goes bankrupt Making a prediction from the set (bankrupt, not bankrupt) with equal probability

Database System Concepts

7th Edition

ISBN:9780078022159

Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan

Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan

Chapter1: Introduction

Section: Chapter Questions

Problem 1PE

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