July 2018
Beginner to intermediate
146 pages
3h 39m
English
Sometimes, accuracy does not give us a good estimate of the performance of a model.
For instance, consider a binary class dataset where 99% of the data belongs to one class and only 1% of the data belongs to the other class. Now, if a classifier were to always predict the majority class for every data point, it would have 99% accuracy. But that wouldn't mean that the classifier is performing well.
For such cases, we make use of other metrics. To understand them, we first need to define a few terms:
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