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Optimizing and Evaluating the Final Neural Network Model

Explore how to optimize and evaluate Multi-Layer Perceptron models by comparing performance metrics, addressing overfitting risks, and selecting appropriate activation functions. Learn key strategies for data preprocessing, class weighting, and parameter tuning relevant to rare event prediction with imbalanced data.

The final model selection is a critical step, relying not just on performance metrics but also on the model’s ability to generalize effectively to unseen data. Our comparative analysis of models, as summarized in the table, reveals the nuanced trade-offs between model complexity, performance metrics, and the risk of overfitting. The selection is made by comparing the validation results.

MLP Models Comparison

Model

Validation

Loss

f1-score

Recall

fpr

Baseline

Increasing

0.13

0.08

0.001

Dropout

Non-increasing

0.00

0.00

0.000

Class weights

Non-increasing

0.12

0.31

0.102

selu

Nonincreasing

0.04

0.02

0.001

telu (custom)

Non-increasing

0.12

0.08

0.001

The baseline model has higher ...