Last Updated on August 28, 2020 Misclassification errors on the minority class are more important than other types of prediction errors for some imbalanced classification tasks. One example is the problem of classifying bank customers as to whether they should receive a loan or not. Giving a loan to a bad customer marked as a good customer results in a greater cost to the bank than denying a loan to a good customer marked as a bad customer. This requires […]

Last Updated on August 21, 2020 Cancer detection is a popular example of an imbalanced classification problem because there are often significantly more cases of non-cancer than actual cancer. A standard imbalanced classification dataset is the mammography dataset that involves detecting breast cancer from radiological scans, specifically the presence of clusters of microcalcifications that appear bright on a mammogram. This dataset was constructed by scanning the images, segmenting them into candidate objects, and using computer vision techniques to describe each […]

Last Updated on August 21, 2020 Many binary classification tasks do not have an equal number of examples from each class, e.g. the class distribution is skewed or imbalanced. Nevertheless, accuracy is equally important in both classes. An example is the classification of vowel sounds from European languages as either nasal or oral on speech recognition where there are many more examples of nasal than oral vowels. Classification accuracy is important for both classes, although accuracy as a metric cannot […]

Last Updated on August 21, 2020 Many binary classification tasks do not have an equal number of examples from each class, e.g. the class distribution is skewed or imbalanced. A popular example is the adult income dataset that involves predicting personal income levels as above or below $50,000 per year based on personal details such as relationship and education level. There are many more cases of incomes less than $50K than above $50K, although the skew is not severe. This […]

Last Updated on March 19, 2020 Classification predictive modeling problems involve predicting a class label for a given set of inputs. It is a challenging problem in general, especially if little is known about the dataset, as there are tens, if not hundreds, of machine learning algorithms to choose from. The problem is made significantly more difficult if the distribution of examples across the classes is imbalanced. This requires the use of specialized methods to either change the dataset or […]

Last Updated on August 21, 2020 Fraud is a major problem for credit card companies, both because of the large volume of transactions that are completed each day and because many fraudulent transactions look a lot like normal transactions. Identifying fraudulent credit card transactions is a common type of imbalanced binary classification where the focus is on the positive class (is fraud) class. As such, metrics like precision and recall can be used to summarize model performance in terms of […]

Last Updated on August 21, 2020 Multiclass classification problems are those where a label must be predicted, but there are more than two labels that may be predicted. These are challenging predictive modeling problems because a sufficiently representative number of examples of each class is required for a model to learn the problem. It is made challenging when the number of examples in each class is imbalanced, or skewed toward one or a few of the classes with very few […]

Last Updated on August 21, 2020 Multiclass classification problems are those where a label must be predicted, but there are more than two labels that may be predicted. These are challenging predictive modeling problems because a sufficiently representative number of examples of each class is required for a model to learn the problem. It is made challenging when the number of examples in each class is imbalanced, or skewed toward one or a few of the classes with very few […]