Gain, Lift and Decile Charts

Are you struggling to accurately evaluate your classification model’s performance? Don’t fret! Try Gain, Lift and Decile charts to evaluate your model performance.

Traditional metrics such as Precision, Recall, Accuracy, and F1-Score can sometimes fall short. That’s where propensity, gain, lift, and decile charts come in. These tools provide a more comprehensive representation of our model’s performance and can help us identify areas of strength and weakness. By utilizing these charts, we can make informed decisions on how to improve our model’s performance. So if you want to…