My current model of Logistic Regression return a accuracy of:
Training set score: 0.8476
Test set score: 0.8502
Comparing model accuracy with null accuracy:
y_test.value_counts()
#No 22067
#Yes 6372
null_accuracy = (22067/(22067 + 6372))
Null accuracy score: 0.7759
We can see that our model accuracy score is 0.8502 but null accuracy score is 0.7759
Can we conclude that the model its making a good job ? why ?
from what incremental improvement can it be said to be doing a good job ?