A fintech company has developed a machine learning aws video
ml-specialty video for a fintech company has developed a machine learning model that classifies insurance claims into fraudulent or legitimate. Given the
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A fintech company has developed a machine learning model that classifies insurance claims into fraudulent or legitimate. Given the financial implications where the expense of processing a fraudulent claim surpasses the cost associated with investigating a potentially fraudulent claim, which evaluation metric is most appropriate for assessing the performance of this classification model to ensure optimal financial outcomes?