What is the most important metric to optimize the model for in this scenario?
Accuracy
Precision
Recall
F1
Explanations:
Accuracy measures the overall correctness of the model but does not differentiate between false positives and false negatives. In this scenario, where false positives carry a high cost, accuracy alone can be misleading.
Precision is the most important metric in this scenario because it measures the proportion of true positive predictions among all positive predictions made by the model. Since false positives are extremely costly, optimizing for precision minimizes the risk of making such errors.
Recall measures the proportion of actual positives that are correctly identified. While important in some contexts, it does not address the high cost of false positives, making it less relevant in this specific scenario.
F1 score is the harmonic mean of precision and recall, balancing the two metrics. However, in this case, the focus should be on minimizing false positives rather than achieving a balance, making it less suitable as the primary optimization target.