Question

A __________ provides a visual summary of the improvements that a data mining project provides on a binary classification problem compared to a random guess
a. Pareto chart
b. lift chart
c. Gantt chart histogram

Answer 1

Answer:

Option (B)

Explanation:

A lift chart usually refers to a graphical representation that is mainly used in order to improve the drawbacks of a mining model by making a comparison with any random guess, and also helps in determining the changes that occur in terms of lift scores.

It describes the binary classification of the problems associated with the mining activity. This type of chart is commonly used to differentiate the lift scores for a variety of models, and picking the best one out of all.

Thus, the correct answer is option (B).