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AI Concepts Workshop

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Precision & Recall

Why accuracy is a dangerous lie in high-stakes AI apps.

The Classifier BoundaryThreshold: 0.50

DECISION LINE
Safe Region
Alarm Region
88%
Precision
88%
Recall

Confusion Matrix

Actual \ Pred
Predicted Legit
Predicted Fraud
Total Legit
44
True Neg
6
False Pos
Total Fraud
6
False Neg
44
True Pos
The Trade-off

BALANCED: You are trading off customer friction vs insurance risk.

Confusion Matrix

Precision measures "how often are we right when we say YES?", while Recall measures "did we catch all the YESes that existed?". You almost always have to sacrifice one to get the other.

Founder Strategy

In Fraud Detection, you want high Recall (catch every thief). In Medical AI, you want high Precision (don't give surgery to healthy people). Understand your product's "Cost of a Mistake" before picking your threshold.