Bias Detection and Fairness Metrics
📖 Scenario: You are working on a machine learning project that predicts loan approvals. To ensure fairness, you want to detect bias in the model's predictions based on gender.
🎯 Goal: Build a simple Python script that calculates fairness metrics to detect bias in loan approval predictions by gender.
📋 What You'll Learn
Create a dictionary with exact loan approval predictions for male and female applicants
Add a configuration variable for the threshold approval rate difference
Calculate the approval rates for each gender and check if the difference exceeds the threshold
Print the fairness check result clearly
💡 Why This Matters
🌍 Real World
Detecting bias in machine learning models helps ensure fair treatment of all groups in decisions like loan approvals.
💼 Career
Understanding and implementing fairness metrics is important for ML engineers and data scientists to build ethical AI systems.
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