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The Dark Side of Model Evaluation That Nobody Talks About

  • The accuracy trap: Achieving high accuracy may not guarantee effective model evaluation if there is class imbalance.
  • The precision-recall nightmare: A high precision but low recall model can lead to missing actual cases.
  • The F1-score fallacy: Opting for a balanced F1-score may mask flaws in evaluation strategy, causing significant consequences.
  • The dark side of model evaluation: Wrong metric choices in healthcare, finance, and e-commerce can result in costly mistakes and missed opportunities.

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