Financial transactions labeled as fraudulent or legitimate
Dataset Description
The dataset consists of 1.75 million transactions made by considering simulated users through various terminals throughout the period from January 2023 to June 2023. However, the data is highly imbalanced, with only a small percentage (0.1345%) of transactions classified as fraudulent.
Due to the uneven distribution of classes in the dataset, it is more appropriate to evaluate the model's performance using AUPRC rather than confusion matrix accuracy. Confusion matrix accuracy can be misleading in cases of class imbalance.
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