Loss Function - 0-1 Loss Function

In statistics and decision theory, a frequently used loss function is the 0-1 loss function

where is the indicator notation.

Read more about this topic:  Loss Function

Famous quotes containing the words loss and/or function:

    The cultivation of one set of faculties tends to the disuse of others. The loss of one faculty sharpens others; the blind are sensitive in touch. Has not the extreme cultivation of the commercial faculty permitted others as essential to national life, to be blighted by disease?
    J. Ellen Foster (1840–1910)

    We are thus able to distinguish thinking as the function which is to a large extent linguistic.
    Benjamin Lee Whorf (1897–1934)