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Sunday, August 14, 2016

Fundamentals of Evaluating Data Science Models

Via DSC: Good overview of the basic methods for evaluating models.  Posted by Sandeep Raut.  Not complete, but these are the fundamentals that every modeler should know and understand, and be able to explain to decision making management.  Also mentions how important it is to link these to the particulars of the business process that needs to be improved.   " ... In general, the assessment used should be closely matching the business objectives. Using the right metric can have more influence on you model performance than the algorithm you use.
 ... ".    Plus some links to more reading.  

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