Fix schema
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@ -3123,8 +3123,8 @@ models:
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description: |
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Precision score, or positive predictive value. This corresponds to the
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proportion of all predicted positives that were classified correctly as a
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positive. In our case, it answers the question "what fraction of
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claims/payouts flagged as at risk were actually at risk?".
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positive. In our case, it answers the question "what fraction of Bookings
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flagged as at Risk actually generated a Claim/Payout?".
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This is the count of true positives divided by the sum of true positives and
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false positives. Precision improves when false positives decrease.
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A hypothetical perfect model would have zero false positives, and thus a
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@ -3135,8 +3135,8 @@ models:
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description: |
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False positive rate, or fall-out. This corresponds to the proportion of all
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actual negatives that were classified incorrectly as a positive. It can be seen
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as a probability of false alarm: in our case, it answers the question "what
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fraction of non-claims/payouts were flagged as at risk?".
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as a probability of false alarm: in our case, it answers the question "what
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fraction of bookings without a claim/payout were flagged as at risk?".
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This is the count of false positives divided by the sum of true positives and
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false positives.
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A hypothetical perfect model would have zero false positives, and thus a
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