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Evaluation metrics are crucial for assessing the performance of classification models. Various metrics such as confusion matrix, accuracy, precision, recall, F1 score, and ROC curve provide insights into a model's effectiveness, especially in cases where data may be imbalanced. Understanding and applying these metrics ensures a comprehensive evaluation beyond just basic accuracy.
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Term: Confusion Matrix
Definition: A matrix outlining the performance of a classification model by comparing predicted and actual values, detailing true positives, true negatives, false positives, and false negatives.
Term: Accuracy
Definition: The ratio of correctly predicted observations to the total observations, representing overall correctness of the model.
Term: Precision
Definition: The ratio of true positive predictions to the total predicted positives, indicating the quality of positive predictions.
Term: Recall (Sensitivity)
Definition: The ratio of true positive predictions to the actual positives, measuring the model's ability to capture positive instances.
Term: F1 Score
Definition: The harmonic mean of precision and recall, balancing both metrics to provide a single score that reflects model performance.
Term: ROC Curve
Definition: A curve plotting the true positive rate against the false positive rate to visualize a model's diagnostic ability at various thresholds.
Term: AUC
Definition: The area under the ROC curve, summarizing the overall ability of the model to discriminate between positive and negative classes.