Cost

From GM-RKB
(Redirected from Loss)
Jump to: navigation, search

See: Cost Function; Cost-Benefit Function; Cost-Benefit Analysis; Cost-Utility Analysis; Utility; Loss; Benefit.



References

2011

1998

  • (Kohavi & Provost, 1998) ⇒ Ron Kohavi, and Foster Provost. (1998). “Glossary of Terms.” In: Machine Leanring 30(2-3).
    • Cost (utility/loss/payoff): A measurement of the cost to the performance task (and/or benefit) of making a prediction Y' when the actual label is y. The use of accuracy to evaluate a model assumes uniform costs of errors and uniform benefits of correct classifications.