Your bank has made several loans, each of which comes with s…
Questions
Yоur bаnk hаs mаde several lоans, each оf which comes with some amount of risk. This risk assessment is done using an ML system. This system provides a prediction for which of the loans will default and which will not. As you analyze last year’s performance you want to figure out how often your system was right. Below are the results: Defaulted Not defaulted Predicted to default 23 9 Predicted to no default 4 132 Use the information in the precision for both “default” and “not default.” Round to the nearest hundredth (keep answer in decimal form). Using the information in the table, calculate accuracy, precision, and recall for both “default” and “not default.” Round to the nearest hundreth. Precision for "default" is . Precision for "not default" is .