You have two models with similar Accuracy but different Precision and Recall values. How would you decide which model is better for a given application?
- Choose based on the specific application's needs and tolerance for false positives/negatives
- Choose the one with higher Precision
- Choose the one with higher Recall
- nan
When models have similar Accuracy but different Precision and Recall, the choice between them should be based on the specific application's needs. If false positives are more costly, prioritize Precision; if false negatives are more crucial, prioritize Recall.
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