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I enjoyed a lot Aamar baba
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I learned in this video (1-MAE, 2-MSE, 3-RMSE, 4-R-squared, 5-Adjusted R-squared, and 6-MAPE).
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I learned in this lecture (MAE, MSE, RMSE, R-squared, Adjusted R-squared, and MAPE).
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To make the right regression model we need to find the different values from these metrics (1) MAE - Mean Absolute Error (2) MSE - Mean Squared Error (3) RMSE - Root Mean Squared Error (4) R^2 - R-Squared Error (5) AdjR62 - Adjusted R-Squared Error (6) ME - Mean Error (6) MAPE - Mean Absolute Percentage Error.
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AOA, I also learned about Regression metrics which are1-MAE
The absolute difference between prediction and actual observation
Interpretation: lower values are better. A value of 0 indicates no error
Value cannot be negative2-MSE
Average squared difference between the estimated value and actual value
Interpretation: Like MAE, lower values are better MSE is more sensitive to outliers than MAE3-RMSE
The square root of the mean of the squared errors
Interpretation: RMSE is more sensitive to outliers than MAE4-R-squared
Coefficient of determination
Interpretation: value ranges from 0 to 1. A higher R-squared indicates a better fit between the model and the data5-Adjusted R-squared
A modified version of R-squared
Adjust the number of predictors in the model
Interpretation: compares the explanatory power of regression model that contain different numbers of predictors6-MAPE
Provides error in terms of percentage
Can be infinite or undefined for y_i = 0And I also learned about how to choose the right metrics for regression.ALLAH PAK aap ko sahat o aafiat wali lambi umar ata kray aor ap ko dono jahan ki bhalian naseeb farmaey,Ameen.
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