Create Lift Chart
Synopsis
This operator generates a lift chart for the given model and ExampleSet based on the discretized confidences and a Pareto chart.
Description
The Create Lift Chart operator creates a lift chart based on a Pareto plot for the discretized confidence values of the given ExampleSet and model. The model is applied on the ExampleSet and a lift chart is produced afterwards. Please note that any predicted label of the given ExampleSet will be removed during the application of this operator. In order to produce reliable results, this operator must be applied on data that has not been used to build the model, otherwise the resulting plot will be too optimistic.
The lift chart measures the effectiveness of models by calculating the ratio between the result obtained with a model and the result obtained without a model. The result obtained without a model is based on randomly selected records.