Cognitive Computing in Business
Equalized odds is a fairness criterion in machine learning that ensures that the model's predictions are equally accurate for different groups, particularly in terms of true positive and false positive rates. This concept is crucial in addressing bias in AI, as it aims to create models that do not favor one group over another in critical decision-making processes, such as hiring or lending. By focusing on equalizing these rates across groups, it promotes fairness and minimizes discrimination in automated systems.
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