- CFA Exams
- CFA Exam: Level II 2021
- Study Session 3. Quantitative Methods (2)
- Reading 8. Big Data Projects
- Subject 4. Model training
CFA Practice Question
Continue with the previous questions. Calculate its precision.
Correct Answer: 0.91
Precision = TP / (TP + FP) = 100 / (100 + 10) = 0.91. Precsion tells us about when it predicts yes, how often it is correct.
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