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The ROC space and plots of the four prediction examples. The ROC space for a "better" and "worse" classifier. The contingency table can derive several evaluation "metrics" (see infobox). To draw a ROC curve, only the true positive rate (TPR) and false positive rate (FPR) are needed (as functions of some classifier parameter).
The receiver operating characteristic (ROC) also characterizes diagnostic ability, although ROC reveals less information than the TOC. For each threshold, ROC reveals two ratios, hits/(hits + misses) and false alarms/(false alarms + correct rejections), while TOC shows the total information in the contingency table for each threshold. [2]
Youden's index is often used in conjunction with receiver operating characteristic (ROC) analysis. [3] The index is defined for all points of an ROC curve, and the maximum value of the index may be used as a criterion for selecting the optimum cut-off point when a diagnostic test gives a numeric rather than a dichotomous result.
The ROC curve is created by plotting the true positive rate (TPR) against the false positive rate (FPR) at various threshold settings. An example of ROC curve and the area under the curve (AUC). The area under the ROC curve (AUC) [1] [2] is often used to summarize in a single number the diagnostic ability of the classifier. The AUC is simply ...
Operating capacity, or rated operating capacity (ROC), has to do with the calculated tipping load. The capacity (load) that one can safely pick-up and operate without flipping or nose-diving the equipment. Not to be confused with Operating weight. [citation needed] [1]
A cumulative accuracy profile (CAP) is a concept utilized in data science to visualize discrimination power.The CAP of a model represents the cumulative number of positive outcomes along the y-axis versus the corresponding cumulative number of a classifying parameter along the x-axis.
NCSS is a statistics package produced and distributed by NCSS, LLC. Created in 1981 by Jerry L. Hintze, NCSS, LLC specializes in providing statistical analysis software to researchers, businesses, and academic institutions.
Return on capital (ROC), or return on invested capital (ROIC), is a ratio used in finance, valuation and accounting, as a measure of the profitability and value-creating potential of companies relative to the amount of capital invested by shareholders and other debtholders. [1] It indicates how effective a company is at turning capital into ...