Mini toolsDefinition
A graph showing the trade-off between true positive rate and false positive rate at various classification thresholds.
Detailed Explanation
The Receiver Operating Characteristic curve plots the True Positive Rate against the False Positive Rate at different classification thresholds. It visualizes the diagnostic ability of a binary classifier system as its discrimination threshold varies. The curve demonstrates the trade-off between sensitivity and specificity.
Use Cases
Widely used in medical testing, fraud detection, and risk assessment models where threshold adjustment is important.
