Understand these 5 basic concepts to sound like a machine learning expert
Aaron Edell
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Following what others have said, number 3 is not just inaccurate but scary. Eighty percent accuracy is perhaps an “industry standard” to the extent industry at large has no idea what they’re doing. Accuracy should always be thought of in terms of what can be tolerated. For instance, for some business problems, even one false negative could be catastrophic.

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