Metrics for Rare Event Models | Dataford Interview Questions
Metrics for Rare Event Models
MediumClassificationAccuracyModel Metrics
Problem
What metrics would you use to evaluate a model predicting rare events, such as credit defaults or sudden client churn, and why is accuracy insufficient?
Problem
What metrics would you use to evaluate a model predicting rare events, such as credit defaults or sudden client churn, and why is accuracy insufficient?
Your answer
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