Looking at different performance evaluation metrics
In the previous sections and chapters, we evaluated our models using model accuracy, which is a useful metric with which to quantify the performance of a model in general. However, there are several other performance metrics that can be used to measure a model's relevance, such as precision, recall, and the F1-score.
Reading a confusion matrix
Before we get into the details of different scoring metrics, let's take a look at a confusion matrix, a matrix that lays out the performance of a learning algorithm. The confusion matrix is simply a square matrix that reports the counts of the True positive (TP), True negative (TN), False positive (FP), and False negative (FN) predictions of a classifier, ...