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Problem Statement (Fraudcheck)

The document discusses using decision trees to build a model on fraud data that classifies individuals with taxable incomes of $30,000 or less as "Risky" and those with higher incomes as "Good". The model would use the following variables: whether the individual is an undergrad, their marital status, taxable income, work experience, and whether they live in an urban area.

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vikky cool
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219 views

Problem Statement (Fraudcheck)

The document discusses using decision trees to build a model on fraud data that classifies individuals with taxable incomes of $30,000 or less as "Risky" and those with higher incomes as "Good". The model would use the following variables: whether the individual is an undergrad, their marital status, taxable income, work experience, and whether they live in an urban area.

Uploaded by

vikky cool
Copyright
© © All Rights Reserved
Available Formats
Download as TXT, PDF, TXT or read online on Scribd
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Use decision trees to prepare a model on fraud data

treating those who have taxable_income <= 30000 as "Risky" and others are "Good"

Data Description :

Undergrad : person is under graduated or not


Marital.Status : marital status of a person
Taxable.Income : Taxable income is the amount of how much tax an individual owes to
the government
Work Experience : Work experience of an individual person
Urban : Whether that person belongs to urban area or not

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