What is Misclassification rate?
Misclassification Rate measures the overall proportion of observations that were wrongly classified or mis-classified.
Misclassification Rate measures the overall proportion of observations that were wrongly classified or mis-classified.
Accuracy is the most straight-forward evaluation metric for a classification problem, and it simply measures the overall proportion of observations that were correctly classified.
One of the most useful tools for evaluating the performance of any classification algorithm is the confusion matrix.
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