.How often a classifier is right when it says something is fraud is called Precision. Precision is defined as: (Note- / is divide by, x is multiplication, + is addition )

C++ for Engineers and Scientists
4th Edition
ISBN:9781133187844
Author:Bronson, Gary J.
Publisher:Bronson, Gary J.
Chapter1: Fundamentals Of C++ Programming
Section1.3: Preliminary Three: Software Development
Problem 7E: (Statistics) This is the formula for the standard normal deviate, z, used in statistical...
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.How often a classifier is right when it says something is fraud is called Precision. Precision is defined as: (Note- / is divide by, x is multiplication, + is addition ) 

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