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In a case study, which metric is often used to evaluate the success of a deploye

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Question: In a case study, which metric is often used to evaluate the success of a deployed model?

Options:

  1. Accuracy
  2. F1 Score
  3. Return on Investment (ROI)
  4. Confusion Matrix

Correct Answer: Return on Investment (ROI)

Solution: 

Return on Investment (ROI) is often used to evaluate the success of a deployed model, as it measures the financial benefits gained from the model compared to its costs.

In a case study, which metric is often used to evaluate the success of a deploye

Practice Questions

Q1
In a case study, which metric is often used to evaluate the success of a deployed model?
  1. Accuracy
  2. F1 Score
  3. Return on Investment (ROI)
  4. Confusion Matrix

Questions & Step-by-Step Solutions

In a case study, which metric is often used to evaluate the success of a deployed model?
  • Step 1: Understand the Question
  • Step 2: Identify the Metric
  • Step 3: Define ROI
  • Step 4: Why Use ROI?
  • Step 5: Conclusion
  • Return on Investment (ROI) – A financial metric used to assess the profitability of an investment relative to its cost.
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