Review, explain, practice

Study guide: Assess Data-Driven Decisions and Tradeoffs

A model has 3 false positives and 2 false negatives under 2/5 point weights. It detects 6 of 8 positives and receives a 0.6 score under the supplied action policy. Calculate and explain the bounded decision.

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Ideas to explain in your own words

Useful vocabulary

recall
Detected positives divided by actual positives.
decision policy
Rules for actions based on available evidence.
drift
A relevant change in data or conditions.

Watch your reasoning

A worked review example

Fictional policy: each false positive costs 2 points; each false negative 5 points. FP=2, FN=1. Total modeled error cost? The supported answer is 9 points. Applying the stated rule gives 9 points. Multiply each error count by its stated weight and add the two contributions. Do not assume equal error counts mean equal modeled consequences. Calculation: ((2*2)+(5*1)) = 9. Missing-input rate 12%. Policy: review if missing-input rate>10%; otherwise continue monitoring; absent measurements stay unknown. Choose status. The supported answer is Review trigger met. Compare the measured condition with the stated review rule and identify what further evidence is needed. A drift alert indicates a review need, not proof of one specific cause.

Make a practice plan

  1. Make a four-row summary, one row for each lesson, with its computing idea and one worked decision.
  2. Explain one tempting mistake using the actual supplied example.
  3. Complete the new unit review before consulting its explanations.
  4. Try the transfer task on paper and compare your evidence against the model response.