Confusion Matrix
Correlation between the Predicted and Real Outputs
1. Accuracy using Confusion Matrix
2. Precision
- Out of all actual values, how many are correctly predicted?
- Use Case: To Reduce False Positive (true preds. when it is not true)
3. Recall
- Out of all predicted values, how many are correctly predicted?
- Use Case: To Reduce False Negative (false preds. when it is not false)