You are working on a fraud detection system where false negatives have a higher cost than false positives. Which metric would be most crucial to optimize?

  • Precision
  • Recall
  • F1 Score
  • Accuracy
In this scenario, minimizing false negatives is critical, as failing to detect fraud has a higher cost. Recall (Option B) focuses on minimizing false negatives, making it the most crucial metric to optimize in this context. While precision is important, the emphasis here is on avoiding false negatives. F1 Score balances precision and recall but may not prioritize minimizing false negatives. Accuracy is not the most relevant metric.
Add your answer
Loading...

Leave a comment

Your email address will not be published. Required fields are marked *