What are the key metrics to measure the impact of AI?
Key metrics include accuracy, precision, recall, F1 score, and ROI. Each measures different aspects of AI performance.
How do these metrics affect decision-making?
These metrics help organizations assess AI effectiveness, guiding improvements and strategic decisions.
Can you explain F1 score in detail?
The F1 score is the harmonic mean of precision and recall, balancing false positives and false negatives.
What is ROI in the context of AI?
ROI measures the financial return on AI investments, comparing gains to costs to evaluate success.
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