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
- External Sources: ... Read More >>
- Logical Addresses: In Data Science, a logical address is a virtual address that is assigned to a device or a process in a computer system. It is used to identify a specific location in the memory of a computer system. Logical addresses are translated into phy ... Read More >>
- Population Characteristics: Population characteristics refer to the various attributes of a group of individuals that are being studied. These attributes may include demographic information such as age, gender, race, ethnicity, education level, income, and geographic ... Read More >>
Top News
Uber CEO Dara Khosrowshahi calls Elon Musk's vision for Tesla robotaxis 'pretty ...
Uber CEO Dara Khosrowshahi appeared on Friday's episode of the Hard Fork podcast, where he spoke about the future of the autonomous vehicle industry....
News Source: Business Insider on 2024-10-20
After Cynthia Erivo Called "Wicked" Fan Art "Offensive," Ariana Grande Has Offer...
"It's so much bigger than us."View Entire Post ›...
News Source: Buzzfeed on 2024-10-20
Google Research execs reveal how they use AI in their daily lives — and where ...
Google execs on the Research team told Business Insider their favorite uses of AI, like looking up products with Lens or translating pages....
News Source: Business Insider on 2024-10-20
Google DeepMind CEO Demis Hassabis explains what needs to happen to move from ch...
Demis Hassabis, the CEO of Google DeepMind, recently discussed what he thinks will be the next phase of AI after chatbots....
News Source: Business Insider on 2024-10-19
This is OpenAI CEO Sam Altman's favorite question about AGI...
Altman said artificial general intelligence will facilitate "scaffolding that exists between all of us."...
News Source: Business Insider on 2024-10-19