prob.max_precision: Probability Precision (Positive Predictive Value)
Description
This function allows to use a custom thresholding method to compute the Precision (Positive Predictive Value).
Usage
prob.max_precision(preds, labels, thresh = 0.5)
Arguments
preds
Type: numeric. The predictions.
labels
Type: numeric. The labels (0, 1).
thresh
Type: numeric. The cutoff (threshold) probability which is deemed positive when higher or equal, or negative when lower. Defaults to 0.5 (anything higher or equal to 0.5 is positive, anything lower is negative).
Value
The Precision (Positive Predictive Value) at the provided threshold.