Is F1-Score Really Better than Accuracy?

<p>If you look for explanations, you will probably find a vague reference to the &ldquo;different costs&rdquo; associated with false negatives and false positives. But the sources do not state clearly which these costs are in the different metrics.</p> <p>This is why I felt the need to write this article: to try and answer the following questions. What is the cost of false negatives and false positives in accuracy? And in F1-score? Is there a metric that allows us to assign custom values to such costs?</p> <p><a href="https://towardsdatascience.com/is-f1-score-really-better-than-accuracy-5f87be75ae01"><strong>Read More</strong></a></p>