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Threshold Cutoff
Hi Team,
When the result of any Binary dependent variable is produced the Threshold Cutoff is 50%. For example consider simple Customer churn model, in this if the Confidence Y is above 0.5 means the Customer will churn & Confidence N above 50% means Customer will not churn. Is it possible to change this Threshold Cutoff from 50% to any other required Percentage?
Please advice,
Thanks,
Amit
When the result of any Binary dependent variable is produced the Threshold Cutoff is 50%. For example consider simple Customer churn model, in this if the Confidence Y is above 0.5 means the Customer will churn & Confidence N above 50% means Customer will not churn. Is it possible to change this Threshold Cutoff from 50% to any other required Percentage?
Please advice,
Thanks,
Amit
0
Answers
There are more sophisticated ways to change the threshold, e.g. Select Recall, MetaCost or Find Threshold.
Happy Mining!
~Marius