This article explores various metrics used to evaluate the performance of classification machine learning models, including precision, recall, F1-score, accuracy, and alert rate. It explains how these metrics are calculated and provides insights into their application in real-world scenarios, particularly in fraud detection.
Langfuse is an open-source LLM engineering platform that offers tracing, prompt management, evaluation, datasets, metrics, and playground for debugging and improving LLM applications. It is backed by several renowned companies and has won multiple awards. Langfuse is built with security in mind, with SOC 2 Type II and ISO 27001 certifications and GDPR compliance.
Why evaluating LLM apps matters and how to get started
