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Supervised learning is a type of machine learning algorithm that learns a mapping function y = f(x) between input variables (x) and output variables (y). The two most common supervised learning tasks are classification and regression.

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Create new performance indicators (error metrics)

I am wondering if any of you happen to know of a procedure/approach/rationale to develop new performance indicators (error metrics) that can be used to evaluate the prediction capability (say, accurac …
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