M03.8 CONNECT THE MECHANISM
Decide what success means before training
A forecasting model with the smaller average error can still cost a bakery more money. Learn to pick the simple rule to beat, price each mistake, and agree on "good enough" before training.
LESSON OVERVIEW12 min lesson
Lesson overview
A forecasting model with the smaller average error can still cost a bakery more money. Learn to pick the simple rule to beat, price each mistake, and agree on "good enough" before training.
What you’ll explore
- A useful AI problem specifies a decision, a baseline, a metric, and error costs; sometimes a simple rule or process change is the better solution.
GO TO THE SOURCE
Original explanations, connected to the research.
Artificial Intelligence: A Modern Approach — authors’ materialsAn Introduction to Statistical Learning — authors’ materialsSuggest a correction
A precise note can make an explanation better.
Choose the scene and describe what needs attention. Download a feedback file to share through a channel you already use. This page does not send feedback or connect you with a reviewer.