Describe a scenario where you would use the F1-Score as the main performance metric, and explain why it would be suitable.

  • In a balanced dataset, to ensure model fairness
  • In a scenario where only false negatives are important
  • In an imbalanced dataset, to balance both false positives and false negatives
  • nan
F1-Score is especially suitable for imbalanced datasets, as it balances both Precision and Recall, ensuring that the model does not bias towards the majority class. It gives an equal weight to false positives and false negatives, providing a more holistic evaluation of the model's performance.
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