Cost Of False Positives


Cost of False Positives refers to the negative impact of incorrect predictions made by a machine learning model, where the model predicts a positive outcome when the actual outcome is negative. This can lead to missed opportunities, wasted resources, and decreased trust in the model. In some cases, false positives can have serious consequences, such as in medical diagnosis or fraud detection. The cost of false positives can be measured in terms of financial loss, missed opportunities, or damage to reputation. It is important to balance the cost of false positives with the cost of false negatives, where the model predicts a negative outcome when the actual outcome is positive.


Your Previous Searches
Random Picks

  • Reward Function: In the context of reinforcement learning, a reward function is a mathematical function that maps the state-action pairs of an agent to a scalar value, which represents the desirability of that state-action pair. The goal of the agent is to ... Read More >>
  • System Testing: System testing is a level of software testing where a complete and integrated software system is tested. The purpose of system testing is to evaluate the system's compliance with the specified requirements and to ensure that it meets the in ... Read More >>
  • Output: Reinforcement Learning is a type of machine learning where an agent learns to behave in an environment by performing certain actions and receiving rewards or penalties in response. The goal of the agent is to maximize the cumulative reward ... Read More >>
Top News

Meta approves bonuses of up to 200% of company executives' salaries...

Meta approved a plan to increase bonuses for company executives to up to 200% of their base pay amid layoffs targeting about 4,000 employees....

News Source: Business Insider on 2025-02-21

Dr. Mehmet Oz holds millions from companies that he'd wield power over if confir...

Dr. Mehmet Oz holds millions of dollars worth of shares in health insurance, fertility, pharmaceutical and vitamin companies...

News Source: ABC News on 2025-02-20

Elon Musk quietly built a second mega-data center for xAI in Atlanta with $700 m...

xAI built a massive data center in Memphis last year, but the company has also been quietly setting up another facility in Georgia....

News Source: Business Insider on 2025-02-20

China's Alibaba sees revenue surge on back of artificial intelligence, e-commerc...

Chinese e-commerce firm Alibaba Group Holding posted its fastest revenue growth in over a year, beating analyst expectations as it capitalizes on the artificial intelligence boom in China...

News Source: ABC News on 2025-02-20

Why the billionaire class is kissing Trump’s proverbial ring...

The billionaire set and the massive corporations they represent are not showing deference to the president....

News Source: Al Jazeera English on 2025-02-20