The Accuracy Paradox

The Accuracy Paradox

Release Date:  //2007
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Medium:  Paradox
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Release Message:  The accuracy paradox for predictive analytics states that predictive models with a given level of accuracy may have greater predictive power than models with higher accuracy. Authored by Tilmann Bruckhaus.
Description:  The accuracy paradox for predictive analytics states that predictive models with a given level of accuracy may have greater predictive power than models with higher accuracy. It may be better to avoid the accuracy metric in favor of other metrics such as precision and recall. [1] Accuracy is often the starting point for analyzing the quality of a predictive model, as well as an obvious criterion for prediction. Accuracy measures the ratio of correct predictions to the total number of cases evaluated. It may seem obvious that the ratio of correct predictions to cases should be a key metric. A predictive model may have high accuracy, but be useless.