


If your model simply classified every instance as “not fraudulent”, it would have an accuracy of 99%! Therefore, you may want to consider using metrics like precision and recall. Let’s say 99 bank withdrawals were not fraudulent and 1 withdrawal was. The accuracy of your model might not be the best metric to look at because and I’ll use an example to explain why. First, you want to reconsider the metrics that you’d use to evaluate your model.There are a number of ways to handle unbalanced binary classification (assuming that you want to identify the minority class):
#Basic data science questions how to#
Q: How to deal with unbalanced binary classification?
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Data visualizations: Sometimes, it’s useful to visualize your data with histograms, boxplots, and scatterplots to better understand the relationships between variables and also to identify potential outliers.shape and a description of your numerical variables with. More specifically, you can look at the shape of the dataset with. Data profiling: Almost everyone starts off by getting an understanding of their dataset.Some of the most common steps are listed below: There are many steps that can be taken when data wrangling and data cleaning. Machine Learning Fundamentals Q: What are some of the steps for data wrangling and data cleaning before applying machine learning algorithms?
