7.6 AN APPLICATION OF MODEL EVALUATION
We will be working with the clothing_data_driven_training and clothing_data_driven_test data sets. The task is to predict whether or not customers will respond to a phone/mail marketing campaign, based on three continuous predictors:
- Days since Purchase
- # of Purchase Visits
- Sales per Visit
The target variable is a flag, Response, coded 1 for positive response and 0 for negative.
We develop a C5.0 model for classifying response using the clothing_data_driven_training data set. Call this Model 1. We will use the clothing_data_driven_test data set to evaluate Model 1. This is performed as follows:
When we compare the predicted Response values from Model 1 to the actual Response values from...