What is the difference between Lift and Leverage
Question # 00753191
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Updated on: 03/04/2020 12:34 PM Due on: 03/04/2020
After reading Chapter 5, “Advanced Analytics Theory and Methods; Association Rules” of the text.
A)
Respond to the following questions:
- What is the difference between Lift and Leverage. How is Lift used in evaluating the quality of rules discovered?
- How do you use a “hold-out” dataset to evaluate the effectiveness of the rules generated?
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Solution: What is the difference between Lift and Leverage