Description: Evaluation metrics are quantifiable measures used to assess the performance of a process, system, or model. These metrics are fundamental in various fields, especially in data science, artificial intelligence, and machine learning, where they allow researchers and developers to measure the effectiveness of their algorithms and models. Metrics can be categorized into different types, such as precision, recall, F1-score, and area under the curve (AUC), among others. Each of these metrics provides a unique perspective on model performance, helping to identify areas for improvement and optimization. In the context of explainable artificial intelligence, evaluation metrics may also include measures of interpretability and transparency, allowing users to understand how and why a model makes specific decisions. In summary, evaluation metrics are essential tools that enable technology and data science professionals to make informed decisions based on quantitative data, ensuring that models are not only accurate but also useful and reliable in real-world applications.
