Nicely done look at the problem, by the always useful Jason Brownlee. Follow his writing subscribe to his tutorials.
Statistics for Evaluating Machine Learning Models by Jason Brownlee
Tom Mitchell’s classic 1997 book “Machine Learning” provides a chapter dedicated to statistical methods for evaluating machine learning models.
Statistics provides an important set of tools used at each step of a machine learning project. A practitioner cannot effectively evaluate the skill of a machine learning model without using statistical methods. Unfortunately, statistics is an area that is foreign to most developers and computer science graduates. This makes the chapter in Mitchell’s seminal machine learning text an important, if not required, reading by practitioners.
In this post, you will discover statistical methods recommended by Mitchel to evaluate and compare machine learning models. .. "
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