Machine LearningTU Board 2023
What do you mean by ROC curve? In a credit card fraud detection system, the algorithm flagged 50 transactions as fraudulent. Out of these flagged transactions, 45 were indeed fraudulent.…
5What do you mean by ROC curve? In a credit card fraud detection system, the algorithm flagged 50 transactions as fraudulent. Out of these flagged transactions, 45 were indeed fraudulent. Additionally, the algorithm didn't flag 30 fraudulent transactions. Calculate the precision, recall and F1-score for the fraud detection system.
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