You create a prediction model with 96% accuracy. While the model's true positive rate (TPR) is performing well at 99%, the true negative rate (TNR) is only 50%. Your supervisor tells you that the TNR needs to be higher, even if it decreases the TPR. Upon further inspection, you notice that the vast majority of your data is truly positive.
What method could help address your issue?
Oversampling is a method that can help address the issue of imbalanced data, which is when one class is much more frequent than the other in the dataset. This can cause the model to be biased towards the majority class and have a low true negative rate. Oversampling involves creating synthetic samples of the minority class or replicating existing samples to balance the class distribution. This can help the model learn more from the minority class and improve the true negative rate. Reference: [Handling imbalanced datasets in machine learning], [Oversampling and undersampling in data analysis - Wikipedia]
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