Data Analysis Webinar

CLASSIFICATION AND ESTIMATION PERFORMANCE MEASURES IN DATA SCIENCE

The application of machine learning methodologies, particularly in the context of supervised learning, aims to classify individuals into multiple categorical classes (classification algorithms) or to estimate a continuous real value (regression algorithms). Therefore, it is essential to assess the quality of the performed classifications or estimates, namely whether the applied methodology can be used with equal quality on other individuals. In this sense, some procedures and measures commonly used in this context will be explained.

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