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:
“There is no greater wealth than Virtue,
and no greater loss than to forget it.”
—Tiruvalluvar (c. 5th century A.D.)
“The press and politicians. A delicate relationship. Too close, and danger ensues. Too far apart and democracy itself cannot function without the essential exchange of information. Creative leaks, a discreet lunch, interchange in the Lobby, the art of the unattributable telephone call, late at night.”
—Howard Brenton (b. 1942)