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Table 2.xls (5.5 kB)

Confusion matrix illustrating the four types of decision outcomes.

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posted on 2017-07-07, 18:17 authored by Sam Nicol, Iadine Chadès

Type I and II errors are misclassifications. In Type I, resources are wasted acting on an event that did not occur; in Type II, the decision-maker failed to act on an event that did occur.

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