What is the main drawback of using accuracy as a performance metric?

Practice Questions

Q1
What is the main drawback of using accuracy as a performance metric?
  1. It does not consider false positives and false negatives
  2. It is difficult to calculate
  3. It is only applicable to binary classification
  4. It requires a large dataset

Questions & Step-by-Step Solutions

What is the main drawback of using accuracy as a performance metric?
  • Step 1: Understand what accuracy means. Accuracy is the percentage of correct predictions made by a model.
  • Step 2: Recognize that accuracy is calculated as (Number of Correct Predictions) / (Total Predictions).
  • Step 3: Identify what an imbalanced dataset is. An imbalanced dataset has a large difference in the number of examples for each class.
  • Step 4: Realize that in an imbalanced dataset, a model can achieve high accuracy by predicting only the majority class.
  • Step 5: Understand that high accuracy does not mean the model is performing well if it fails to predict the minority class.
  • Step 6: Conclude that accuracy can be misleading because it does not show how well the model is doing for each class.
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