How do I interpret predictive analytics results?
Interpreting predictive analytics results involves understanding the data, models, and outcomes. What specific results are you looking at?
I'm looking at a model predicting customer churn.
Great! Focus on metrics like accuracy, precision, and recall. Are there specific values or metrics you need help with?
Yes, the model shows a 75% accuracy rate. Is that good?
A 75% accuracy rate can be decent, but it depends on the context. What is the baseline accuracy for your data?
The baseline is around 60%. So, it's better than the baseline?
Yes, it's better than the baseline! However, consider other metrics like false positives and negatives for a complete picture.
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