Cryptocurrency Q&A
Why use threshold value?
Why use threshold value?
Elena
Wed Nov 20 2024
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6 answers
1206
I'm wondering why we should use a threshold value. What's the purpose of setting a specific limit or cutoff point, and how does it help in decision-making or analysis?
6 answers
SapphireRider
Fri Nov 22 2024
The threshold plays a crucial role in determining the minimum probability needed for a positive prediction.
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CryptoWizardry
Fri Nov 22 2024
Various thresholds can result in differing balances between precision and recall.
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DongdaemunTrendsetting
Fri Nov 22 2024
Precision measures the accuracy of positive predictions, while recall focuses on capturing all positive instances.
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GwanghwamunGuardianAngelWingsBlessing
Thu Nov 21 2024
The commonly used 0.5 threshold serves as a default option in many scenarios.
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ethan_carter_engineer
Thu Nov 21 2024
However, this default might not yield the best results in real-world applications.
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