Which evaluation metric is most appropriate for a regression problem?

Practice Questions

Q1
Which evaluation metric is most appropriate for a regression problem?
  1. Accuracy
  2. F1 Score
  3. Mean Absolute Error
  4. Confusion Matrix

Questions & Step-by-Step Solutions

Which evaluation metric is most appropriate for a regression problem?
  • Step 1: Understand what a regression problem is. It involves predicting a continuous value, like predicting house prices or temperatures.
  • Step 2: Learn about evaluation metrics. These are ways to measure how well your predictions match the actual values.
  • Step 3: Identify common evaluation metrics for regression. Some examples include Mean Absolute Error (MAE), Mean Squared Error (MSE), and R-squared.
  • Step 4: Focus on Mean Absolute Error (MAE). It calculates the average of the absolute differences between predicted values and actual values.
  • Step 5: Understand why MAE is useful. It gives a clear idea of how far off predictions are, without squaring the errors, which can exaggerate larger errors.
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