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glossa (version 1.0.0)

misClassError: Misclassification Error

Description

Misclassification Error

Usage

misClassError(actuals, predictedScores, threshold = 0.5)

Value

The misclassification error, which tells what proportion of predicted direction did not match with the actuals.

Arguments

actuals

The actual binary flags for the response variable. It can take a numeric vector containing values of either 1 or 0, where 1 represents the 'Good' or 'Events' while 0 represents 'Bad' or 'Non-Events'.

predictedScores

The prediction probability scores for each observation. If your classification model gives the 1/0 predcitions, convert it to a numeric vector of 1's and 0's.

threshold

If predicted value is above the threshold, it will be considered as an event (1), else it will be a non-event (0). Defaults to 0.5.

Details

This function was obtained from the InformationValue R package (https://github.com/selva86/InformationValue).