Applications of Prediction Models Quiz

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Questions and Answers

When should ROC curves be used?

  • When there is a moderate to large class imbalance
  • When there are more positives than negatives
  • When there are more negatives than positives
  • When there are roughly equal numbers of observations for each class (correct)

What does Precision-Recall curves indicate?

  • Data quality
  • Model performance
  • Feature importance
  • Class imbalance (correct)

What does Recall measure?

  • Percentage of correct classified instances
  • How successful the model is in identifying all positive instances as positive (correct)
  • Measure of how successful the model is in identifying all negative instances as negative
  • Percentage of instances classified as 'Yes' that were actually 'Yes'

What does Specificity measure?

<p>Measure of how successful the model is in identifying all negative instances as negative (C)</p> Signup and view all the answers

Which measure indicates the percentage of correct classified instances?

<p>Accuracy (D)</p> Signup and view all the answers

What is F1-Score a measure of?

<p>Precision and Recall balance (D)</p> Signup and view all the answers

What is the key difference between Classification and Regression in supervised learning?

<p>Classification deals with categorical target variables, while Regression deals with continuous-valued numerical target variables (A)</p> Signup and view all the answers

Which component of a binary classification confusion matrix represents the cases where the model incorrectly predicted a 'Yes'?

<p>False Positives (C)</p> Signup and view all the answers

What is the purpose of ROC and PRC graphs in classification models?

<p>To evaluate how well a model performs at different classification thresholds (C)</p> Signup and view all the answers

Which of the following is an example of using a prediction model to classify data?

<p>Classifying an email as spam or not spam (A)</p> Signup and view all the answers

When should Regression be used instead of Classification?

<p>When predicting house prices based on historical data (A)</p> Signup and view all the answers

Which component of a binary classification confusion matrix represents the cases where the model correctly predicted a 'No'?

<p>True Negatives (B)</p> Signup and view all the answers

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