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Evaluating the performance of AI models is crucial to ensure their accuracy and reliability. The chapter introduces key terminologies such as True Positive, False Negative, Precision, Recall, Accuracy, and others that assist in assessing model effectiveness. Understanding these concepts allows for better model improvement and performance evaluation.
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References
Chapter_29_Model.pdfClass Notes
Memorization
What we have learnt
Final Test
Revision Tests
Term: True Positive (TP)
Definition: The model predicted YES, and the actual answer was YES.
Term: True Negative (TN)
Definition: The model predicted NO, and the actual answer was NO.
Term: False Positive (FP)
Definition: The model predicted YES but the actual answer was NO.
Term: False Negative (FN)
Definition: The model predicted NO but the actual answer was YES.
Term: Confusion Matrix
Definition: A table used to describe the performance of a classification model showing TP, TN, FP, and FN.
Term: Accuracy
Definition: Ratio of how often the model is correct, calculated as (TP + TN) / (TP + TN + FP + FN).
Term: Precision
Definition: The ratio of correctly predicted YES cases to all predicted YES cases.
Term: Recall
Definition: The ratio of correctly predicted YES cases to all actual YES cases.
Term: F1 Score
Definition: A balance between Precision and Recall.
Term: Overfitting
Definition: When a model performs well on training data but poorly on new data.
Term: Underfitting
Definition: When a model performs poorly on both training and testing data.
Term: CrossValidation
Definition: A technique to test how well a model performs by splitting the dataset into multiple parts.
Term: Bias
Definition: Error arising from incorrect assumptions within the model.
Term: Variance
Definition: Error due to excessive sensitivity to fluctuations in the training dataset.