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Optimizing and Satisficing Metrics
When multiple evaluation metrics matter, such as accuracy and running time of a learning algorithm, one way to combine them is to define an acceptable value for one metric and then optimize another metric subject to meeting that criterion. In the passage's example, running time is the satisficing metric and accuracy is the optimizing metric.
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References
Machine Learning Yearning (Deeplearning.ai)
Machine Learning Yearning (Deeplearning.ai)
Machine Learning Yearning (Deeplearning.ai)
Machine Learning Yearning (Deeplearning.ai)
Machine Learning Yearning (Deeplearning.ai)
Machine Learning Yearning (Deeplearning.ai)
Machine Learning Yearning (Deeplearning.ai)
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