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How would you evaluate whether a new ML model is better than the current one?
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ReferenceI would start by defining the success metric and the failure cases that matter most to the product. Then I would compare offline metrics, calibration, and segment-level performance, and validate the change with an online experiment if possible. The reason I choose this approach is that a model can improve one metric while hurting another important user outcome. I would also think about statistical significance, sample size, and guardrail metrics. If the interviewer wants more detail, I would mention that model quality should be judged on both accuracy and operational behavior.