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Binary Classification: Calculating Precision, Recall



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When designing a binary classification classifier, precision and accuracy are key parameters. In order to determine the highest ranking class, precision and recall are important. Precision and recall are the ratio of the number of true negatives in a class to the total number elements in the class. This is how to calculate the optimal precision and recall for a classifier. These are the key factors to take into account when choosing a classification device:

Calculating precision

Before we can calculate the precision recall curve, it is necessary to understand the error matrix. An error matrix is made up of positive and/or negative numbers, which are in a ratio 1:1. A zero error matrix means 100% precision. Higher precision means that the error matrix has fewer false positives. The recall part is the second. The recall value equals the difference between the number and true negatives. The recall value for samples with high precision will be higher, so it is more likely that the recall value will be greater.


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Calculating recall

There are two ways to calculate precision and accuracy in a classification model. One option is to accept the sample's positive status, while the other is not to. Precision is concerned with identifying all positive samples, while recall is concerned with detecting as many as possible positive samples. For example, if a model classifies all positive samples, but fails to classify a negative sample, the recall is 100%. High recall values indicate that the model detects positive samples with high accuracy and reliability.


Optimising precision

However, it is a smart idea to maximize precision and recall when performing diagnostic tests. False positives and missed opportunities can be caused by over-optimising one metric. Over-optimizing on recall can lead to fatalities. By contrast, Optimising for precision improves the model's performance at counting true positives.

Binary classification: Optimizing recall

Recall is the classical equivalent to precision in binary classification problems. It determines the percent of correct positive predictions. The best recall is one hundred percent and the worst is one percent. But recall is not the only factor to be considered. The classifier's precision and recall will affect the accuracy of a model’s predictions. The optimal recall is one that reduces the chance of false negatives while improving the accuracy of the prediction.


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Focus on accuracy

It depends on the business objectives, you may choose to optimize for precision or accuracy. When selecting the metric, consider the cost of False Positives relative to False Negatives. When the number is high, precision will be preferred over recall. But accuracy is preferred if the number is low. This method may be useful for diagnosing rare diseases, such as leukemia.





FAQ

Which industries use AI the most?

The automotive sector is among the first to adopt AI. For example, BMW AG uses AI to diagnose car problems, Ford Motor Company uses AI to develop self-driving cars, and General Motors uses AI to power its autonomous vehicle fleet.

Other AI industries are banking, insurance and healthcare.


Is AI possible with any other technology?

Yes, but not yet. Many technologies have been created to solve particular problems. None of these technologies can match the speed and accuracy of AI.


What does AI mean today?

Artificial intelligence (AI), is a broad term that covers machine learning, natural language processing and expert systems. It is also called smart machines.

Alan Turing wrote the first computer programs in 1950. He was curious about whether computers could think. He proposed an artificial intelligence test in his paper, "Computing Machinery and Intelligence." The test tests whether a computer program can have a conversation with an actual human.

In 1956, John McCarthy introduced the concept of artificial intelligence and coined the phrase "artificial intelligence" in his article "Artificial Intelligence."

Many types of AI-based technologies are available today. Some are simple and straightforward, while others require more effort. These include voice recognition software and self-driving cars.

There are two types of AI, rule-based or statistical. Rule-based AI uses logic to make decisions. For example, a bank balance would be calculated as follows: If it has $10 or more, withdraw $5. If it has less than $10, deposit $1. Statistics are used for making decisions. For example, a weather prediction might use historical data in order to predict what the next step will be.


From where did AI develop?

Artificial intelligence was established in 1950 when Alan Turing proposed a test for intelligent computers. He believed that a machine would be intelligent if it could fool someone into believing they were communicating with another human.

John McCarthy took the idea up and wrote an essay entitled "Can Machines think?" in 1956. It was published in 1956.



Statistics

  • By using BrainBox AI, commercial buildings can reduce total energy costs by 25% and improves occupant comfort by 60%. (analyticsinsight.net)
  • While all of it is still what seems like a far way off, the future of this technology presents a Catch-22, able to solve the world's problems and likely to power all the A.I. systems on earth, but also incredibly dangerous in the wrong hands. (forbes.com)
  • More than 70 percent of users claim they book trips on their phones, review travel tips, and research local landmarks and restaurants. (builtin.com)
  • The company's AI team trained an image recognition model to 85 percent accuracy using billions of public Instagram photos tagged with hashtags. (builtin.com)
  • In 2019, AI adoption among large companies increased by 47% compared to 2018, according to the latest Artificial IntelligenceIndex report. (marsner.com)



External Links

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mckinsey.com


forbes.com


en.wikipedia.org




How To

How to set Amazon Echo Dot up

Amazon Echo Dot, a small device, connects to your Wi Fi network. It allows you to use voice commands for smart home devices such as lights, fans, thermostats, and more. To start listening to music and news, you can simply say "Alexa". You can ask questions and send messages, make calls and send messages. Bluetooth headphones and Bluetooth speakers (sold separately) can be used to connect the device, so music can be heard throughout the house.

You can connect your Alexa-enabled device to your TV via an HDMI cable or wireless adapter. One wireless adapter is required for each TV to allow you to use your Echo Dot on multiple TVs. You can pair multiple Echos together, so they can work together even though they're not physically in the same room.

These are the steps to set your Echo Dot up

  1. Turn off your Echo Dot.
  2. Connect your Echo Dot to your Wi-Fi router using its built-in Ethernet port. Make sure the power switch is turned off.
  3. Open the Alexa App on your smartphone or tablet.
  4. Select Echo Dot to be added to the device list.
  5. Select Add a New Device.
  6. Choose Echo Dot, from the dropdown menu.
  7. Follow the instructions on the screen.
  8. When asked, enter the name that you would like to be associated with your Echo Dot.
  9. Tap Allow access.
  10. Wait until the Echo Dot successfully connects to your Wi Fi.
  11. Repeat this process for all Echo Dots you plan to use.
  12. Enjoy hands-free convenience




 



Binary Classification: Calculating Precision, Recall