What are some common misconceptions about the ROC curve?
One common misconception is that a higher AUC always means a better model, but it doesn't account for class imbalance.
Can you explain what AUC means?
AUC stands for Area Under the Curve, which measures the ability of a model to distinguish between classes.
Are there any other misconceptions I should be aware of?
Yes, another misconception is that the ROC curve is only useful for binary classification, but it can also be applied to multi-class problems.
How can I interpret the ROC curve in practice?
You can interpret the ROC curve by looking at the trade-off between true positive rate and false positive rate at various thresholds.
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