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add MSE MAE RMSE definition
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ClaireJ2100 committed Dec 15, 2024
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Expand Up @@ -213,7 +213,13 @@ We begin our analysis by preparing the data, splitting it into features and targ

### Model Evaluation

The @tbl-metrics below summarizes the performance metrics of the model on the test dataset. These metrics help us evaluate the model's ability to generalize to unseen data.
The @tbl-metrics below summarizes the performance metrics of the model on the test dataset. The metrics we use are MSE, RMSE, and MAE.

- Mean Squared Error (MSE): The average of squared differences between predicted and actual values, giving more weight to larger errors.
- Root Mean Squared Error (RMSE): The square root of MSE, expressing errors in the same units as the data.
- Mean Absolute Error (MAE): The average absolute difference between predicted and actual values, showing overall prediction accuracy.

We use these metrics to evaluate model performance and understand how well predictions align with actual values, with each providing unique insights into error magnitude and distribution.

```{python}
#| label: tbl-metrics
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