(Redirected from benefit)
See: Cost-Benefit Function, Cost-Benefit Analysis, Cost.
- (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.