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Use the Confusion Matrix for Model X and Confusion Matrix

Question 7

Short Answer

Use the confusion matrix for Model X and confusion matrix for Model Y to answer questions 4 through 6.
 Model X Computed  Accept  Computed  Reject  Model  Y  Computed  Accept  Computed  Reject  Accept 105 Accept 69 Reject 2560 Reject 1570\begin{array} { | c | c | c | c | c | c | c | } \hline \begin{array} { c } \text { Model } \\\mathrm { X }\end{array} & \begin{array} { c } \text { Computed } \\\text { Accept }\end{array} & \begin{array} { c } \text { Computed } \\\text { Reject }\end{array} & \begin{array} { c } \text { Model } \\\text { Y }\end{array} & \begin{array} { c } \text { Computed } \\\text { Accept }\end{array} & \begin{array} { c } \text { Computed } \\\text { Reject }\end{array} \\\hline \text { Accept } & 10 & 5 & \text { Accept } & 6 & 9 \\\hline \text { Reject } & \mathbf { 2 5 } & 60 & \text { Reject } & 15 & 70 \\\hline\end{array}
-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?

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