Question: What are sensitivity and specificity and when do you use them? How do you interpret the ROC curve? Discuss some examples of asymmetric misclassification costs.

What are sensitivity and specificity and when do you use them? How do you interpret the ROC curve? Discuss some examples of asymmetric misclassification costs.

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What are sensitivity and specificity and when do you use them? How do you interpret the ROC curve? Discuss some examples of asymmetric misclassification costs.

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