MS-DS Master of Data science FREE MS-DS Master of Data science Machine Learning Model Evaluation Questions and Answers
A data scientist has trained a binary classification model to detect fraudulent transactions. After evaluating the model, they find a very high accuracy (98%) but a significantly lower recall for the 'fraud' class (20%). The business stakeholders emphasize that minimizing missed fraud cases is paramount, even if it means a higher number of false alarms. Which evaluation metric should the data scientist prioritize to align with this business objective?