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Model Performance

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May 1, 2024 3 minute read

Model performance is a critical aspect of machine learning that assesses how well a model performs on unseen data. It involves evaluating the accuracy, efficiency, and reliability of the model. Model performance is crucial for ensuring that the model meets the intended purpose and delivers valuable insights.

Model Evaluation Metrics

Model evaluation metrics are used to quantify the performance of a model. Common metrics include:

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Reading list

We've selected six books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in Model Performance.
Provides a comprehensive overview of cross-validation, a key technique for evaluating model performance. It covers different types of cross-validation and their applications.
Provides a comprehensive overview of deep learning, including model performance evaluation. It is written by leading researchers in the field.
Focuses on the use of machine learning for business applications. It covers model performance evaluation in the context of business.
Covers the use of machine learning for finance applications. It discusses different model performance evaluation techniques in the context of finance.
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