Automated evaluation metrics help us quickly check how well a model is doing without needing humans every time. The right metric depends on the task:
- Accuracy measures overall correct predictions, good for balanced classes.
- Precision tells us how many predicted positives are actually correct, important when false alarms are costly.
- Recall shows how many real positives we found, key when missing positives is bad.
- F1 Score balances precision and recall, useful when both matter.
- AUC (Area Under Curve) measures how well the model separates classes, useful for ranking tasks.
Choosing the right metric helps us understand if the model fits our real-world needs.