P66Model EvaluationIntermediateChoose12 min
Choose a Classification Threshold Under Asymmetric Costs
Choose a threshold from error costs.
#choose#thresholds#costs
Scenario
At 0.30 there are 18 FN and 220 FP; at 0.60 there are 42 FN and 70 FP. FN costs 500, FP costs 20.
Problem statement
Choose the lower expected-cost threshold.
Your Task
- Calculate costs.
- Choose a threshold.
- Check capacity.
Related Concepts
False positivesExpected cost
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