My Classification Model has a ROC AUC of 0.8266

What does it mean?

ROC AUC is a valuable metric for evaluating and comparing the performance of machine learning models, offering insights into their ability to make accurate predictions across different scenarios.

The graph between the True Positive Rate on the y-axis and the False Positive Rate on the x-axis is called the ROC curve and is used in binary classification.

The graph shows the performance of a classification model at all classification thresholds.

The False Positive Rate (FPR) is calculated by taking the ratio between False Positives and the total number of negative samples.

The True Positive Rate (TPR) is calculated by taking the ratio between True Positives and the total number of positive samples.

In order to construct the ROC curve, the TPR and FPR values are plotted on multiple threshold values.

ROC AUC quantifies the model's ability to distinguish between the positive and negative classes.

A higher AUC value indicates better performance.

The area range under the ROC curve has a range between 0 and 1.

A value of 0.8266 for ROC AUC suggests that the model is reasonably good at distinguishing between the two classes (positive and negative).

Generally, an AUC value above 0.5 indicates that the model is better than random guessing.

Therefore, a value of 0.8266 suggests that the model performs significantly better than random chance.

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