An AI model made the following sales prediction for a new mobile phone which theyhave recently launched:Confusion MatrixRealityYes NoPredictionYes 50 40No 12 10(i) Identify the total number of wrong predictions made by the model.(ii) Calculate precision, recall and F1 Score
Question
An AI model made the following sales prediction for a new mobile phone which theyhave recently launched:Confusion MatrixRealityYes NoPredictionYes 50 40No 12 10(i) Identify the total number of wrong predictions made by the model.(ii) Calculate precision, recall and F1 Score
Solution
(i) The total number of wrong predictions made by the model can be calculated by adding the number of False Positives (FP) and False Negatives (FN). In the given confusion matrix, FP is 40 (predicted yes, but it's no in reality) and FN is 12 (predicted no, but it's yes in reality). So, the total number of wrong predictions is 40 + 12 = 52.
(ii) Precision, recall, and F1 Score can be calculated as follows:
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Precision (P) = True Positives / (True Positives + False Positives) = 50 / (50 + 40) = 0.56 (approximately)
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Recall (R) = True Positives / (True Positives + False Negatives) = 50 / (50 + 12) = 0.81 (approximately)
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F1 Score = 2 * (Precision * Recall) / (Precision + Recall) = 2 * (0.56 * 0.81) / (0.56 + 0.81) = 0.66 (approximately)
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