Model evaluation

Concept and definition

Model evaluation

What is Model evaluation?

Model evaluation is a critical process in the development of machine learning models and involves measuring and comparing the performance of models to determine their accuracy and effectiveness. The goal of model evaluation is to determine whether a model is capable of making accurate and consistent predictions on new data.

In the model evaluation process, a test data set is used to test the model and measure its performance in terms of specific metrics, such as accuracy, sensitivity, specificity, F1-score, and others. These metrics allow us to determine how well the model performs on the task for which it has been trained.

In addition to performance metrics, cross-validation techniques can also be used to assess the model's ability to generalise to new data. This is done by dividing the dataset into several training and test subsets and evaluating the model on each subset to determine its ability to make accurate predictions on unseen data.

« Back to glossary

Do you want to get in touch?

CDRs contain data that a telecommunications company collects about phone calls, such as time and length of call. This data can be used in analytical applications.
Fill the form
Share:
AI in the energy sector: main use cases

There is a consensus among executives of the world's leading companies about the crucial impact that Artificial Intelligence (AI) will have on the [...]

Read More »
Best Artificial Intelligence Software

Artificial intelligence is increasingly present in companies and its growth is being applied in practically all sectors. When the end [...]

Read More »
What is an ERP? Functions and why a company should have it

ERP stands for Enterprise Resource Planning and is a computerized planning and business management system capable of integrating the information [...]

Read More »
The Artificial Intelligence Law: A Brief Explanation

Since 2008, several countries have enacted legislation that recognizes the importance of integrating artificial intelligence (AI) into key areas of life [...]

Read More »
See more entries
© Gamco 2021, All Rights Reserved - Legal notice - Privacy - Cookies