You are working on a fraud detection system where false negatives (failing to detect a fraud) can have severe financial implications. Which metric would you prioritize to ensure that as many actual fraud cases as possible are detected?
- Accuracy
- F1 Score
- Precision
- Recall
In this high-stakes scenario, prioritizing Recall is crucial. Recall measures the ability to detect actual fraud cases, minimizing false negatives, which is of paramount importance in a fraud detection system with severe financial consequences.
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