Chapter 11: The ML Pipeline

Loss Functions, Error Metrics, and What They Hide intermediate

A model is trained to optimize one quantity, selected on another, and traded on a third. Most confusion in predictive modeling starts when those three layers are blurred together.

A model is trained to optimize one quantity, selected on another, and traded on a third. Most confusion in predictive modeling starts when those three layers are blurred together.

Register to Read

Sign up for a free account to access all 112 primer topics.

Create Free Account

Already have an account? Sign in

References

Making and Evaluating Point Forecasts
Tilmann Gneiting — Journal of the American Statistical Association
Machine Learning for Probabilistic Prediction (PhD thesis, VALERY MANOKHIN)
Valery Manokhin (2022)