Fundamentals of Model Evaluation and Metrics
Chapter 1: Introduction to Model Evaluation
What is a Machine Learning Model?
Why Evaluating Models Matters
The Goal of Evaluation Metrics
Types of Learning Problems: Classification
Types of Learning Problems: Regression
Overview of the Evaluation Process
Chapter 2: Metrics for Classification
Understanding Classification Predictions
Accuracy: A Simple First Metric
When Accuracy Can Be Misleading
True Positives, False Positives, True Negatives, False Negatives
The Confusion Matrix Explained
Precision: Measuring Exactness
Recall (Sensitivity): Measuring Completeness
Precision vs. Recall Trade-off
F1-Score: Combining Precision and Recall
Practice: Calculating Classification Metrics
Chapter 3: Metrics for Regression
Understanding Regression Predictions
Calculating Prediction Errors
Mean Absolute Error (MAE)
Root Mean Squared Error (RMSE)
Comparing MAE, MSE, and RMSE
Coefficient of Determination (R-squared)
Interpreting R-squared Values
Practice: Calculating Regression Metrics
Chapter 4: Preparing Data for Evaluation
Why Evaluate on Unseen Data?
The Training Set: Learning Patterns
The Test Set: Assessing Performance
Train-Test Split Procedure
Potential Issues with a Single Split
Introduction to Cross-Validation Concept
Hands-on Practical: Splitting Data
Chapter 5: Basic Evaluation Workflow
Steps in a Standard Evaluation
Choosing Metrics for Your Problem
Performing the Train-Test Split
Generating Predictions on the Test Set
Calculating Performance Metrics
Simple Evaluation Workflow Example
Common Mistakes in Basic Evaluation