Glossary term
Glossary term
Governance and Compliance
A mathematical definition of "fairness" that is measurable. Some commonly used fairness metrics include:
Many fairness metrics are mutually exclusive; see incompatibility of fairness metrics.
Created for this library
A bank's model risk team requires a fairness metric report for every model that affects credit decisions before approval.
A hiring-tech vendor publishes a fairness metric dashboard for enterprise customers so they can see equal opportunity and disparate impact figures over time.
A health-tech startup tracks several fairness metrics across patient subgroups so trade-offs can be discussed in governance reviews.
Definition source: Google for Developers Machine Learning Glossary | Creative Commons Attribution 4.0 License