Classification is a predictive modeling problem that involves assigning a class label to each observation. Consequently, classification models generate a predicted class, which comes in the form of a discrete category; thus for most practical applications, a discrete category prediction is required in order to make a decision. However, this is highly influenced by class imbalances of data
Question
a. Explain what you understand by the term class imbalance
b. Describe some consequences of using unbalanced classes in the classification
c. Using appropriate examples, outline any two mechanisms of resolving the class
imbalance problem
d. Cite four different application areas in which class ...