What does a high precision indicate in a classification model?

Practice Questions

Q1
What does a high precision indicate in a classification model?
  1. A high number of true positives compared to false positives
  2. A high number of true positives compared to false negatives
  3. A high overall accuracy
  4. A high number of true negatives

Questions & Step-by-Step Solutions

What does a high precision indicate in a classification model?
  • Step 1: Understand what precision means. Precision is a measure of how many of the predicted positive instances are actually positive.
  • Step 2: Identify the components of precision. It is calculated using the formula: Precision = True Positives / (True Positives + False Positives).
  • Step 3: Recognize what true positives are. True positives are the cases where the model correctly predicts a positive instance.
  • Step 4: Understand what false positives are. False positives are the cases where the model incorrectly predicts a positive instance when it is actually negative.
  • Step 5: Realize that high precision means there are many true positives and few false positives. This indicates that the model is effective at correctly identifying positive instances.
  • Step 6: Conclude that a high precision is desirable in a classification model, especially when the cost of false positives is high.
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