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What are the existing classification quality metrics?

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Answer from AI

Metrics often used to evaluate the quality of binary classification include:

  • Accuracy — the proportion of correctly classified objects (both positive and negative) out of the total.
  • Precision — the proportion of correctly predicted positive objects among all objects predicted as positive by the model.
  • Recall — the proportion of correctly identified positive objects out of all actual positive objects.
  • F1-score — the harmonic mean of precision and recall, balancing between them.
  • ROC-AUC — the area under the ROC curve, indicating the quality of class separation at different thresholds.

For example, if the model predicts a disease, precision shows how often the positive prediction is correct, and recall indicates how many actual cases it can detect.