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Hello Rachael_F,
Thank you for providing such an in-depth analysis of the question. I agree with what you said. I actually wrote this question, and it appears that I only focused on the cost of FN and FP and neglected to consider other variables. I apologize for this; it was a silly mistake on my part. It’s either the model’s accuracy is simply not high enough for the company to benefit or they’ll have to adjust the incentive. I’ll revise this item to address the problem.
Let me know if you have further questions.
Regards,
Carlo @ Tutorials Dojo
