49. Give an example of a situation in which both false positives and false negatives are equally essential.
In the banking industry, lending loans are the primary source of revenue for banks. However, if the payback rate isn't good, there's a chance of big losses rather than earnings. Giving out loans to consumers is thus a gamble, as banks cannot afford to lose good customers while also being unable to afford to gain bad customers. This is a typical example of the importance of both false positive and false negative scenarios in false positive and false negative scenarios.
