Bankruptcy

Working with Iris and bankruptcy data from R. Identify the predictor variables and response variable. Based on the above classification tree, what percentage of observations end up being classified by the tree as Type 3. This question asks to comment on a confusion matrix. We will look at the steps of fitting KNN. We use stratified sampling to select observations for the training data. Let’s say we choose 50%/50% (training and hold-out).

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