Accuracy & Precision of a Machine Learning Model? #DataScience #InterviewQuestions

Key Takeaways

Prashant what is the difference between accuracy and precision of a machine learning model accuracy of a machine learning model is basically how close are the predicted values from your to the Target values simple in the case of precision what we are measuring is how close are the predicted values to themselves let me give you a simple example let's say for a given test data point the predicted value is 100 from the machine learning model and then you retrain the model now the predicted value for the same test data point is 102 the third time the predicted value for the same test data point is 98 so you see every time the predicted values are changing so how close are these predicted values to themselves that defines the Precision of a model yeah now I'm clear on the two terms thanks