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  • Image to Table JMP extension imports single or batch images as data tables. Useful to extract curves from pictures or convert image data to curve data to use in analyses like Functional Data Explorer. Download and install the extension.

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GhostBen
Level I

How to Add Profit Matrix to Neural Net Confusion Matrix

Hi all,

 

I'm using a neural net to predict whether or not a customer will prefer to buy retail items at a markdown or if they are likely to buy full-price (i.e., "bargain buyers" vs. traditional shoppers). I'd like to incoporate the opportunity cost of a false positive (giving discounts to what would otherwise be a full-price shopper) using a profit matrix, but changing values on the matrix in the response column properties does not seem to change the confusion matrix in my model output. I can calculate the new confusion matrix by hand by publishing my prediction formula and using the predictions that generate the most profit, but this is inefficient and time-consuming. I'd ideally like to see it as part of the model output. Does anyone know if this is possible for neural nets in JMP?

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