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Using Experience to Set a Target Error Rate
When a model is part of a user-facing product, experience with the product can help estimate what level of error is acceptable for a strong user experience. For an important system one has worked on for years, experience can also help judge how much improvement is realistically achievable over the next quarter or year, and that judgment can guide the target error rate.
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Using Experience to Set a Target Error Rate
The Best Human Benchmark Depends on How Accurate the System Already Is
What does the term desired error rate mean?
True or False: A performance target can be drawn on a learning curve.
A target error rate is the level of error a model is hoped to eventually _____ .
Match each term to its role in target-error analysis.
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On which plot should a target performance level be marked?
True or False: A desired error rate is the level of error a model has already reached on the development set.
The target performance should be added to your _____.
Match each element on a performance plot to its meaning.
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Using a Target Error Rate on a Learning Curve
Add a target line to a learning curve for a churn-prediction project.
Adding a target performance level to a learning plot
Learn After
What kind of reference is most useful for choosing a target error rate in a user-facing classifier?
True or False: Long experience with a product can help you judge what improvement is realistic over the next few months or year.
A product team may care about the level of _____ the model must achieve to deliver a strong user experience.
Match each situation to the kind of intuition it uses when choosing a target error rate.
Order the steps for setting a target error rate in a hospital triage classifier.
How can product experience guide a target error rate?
Choosing a Quarterly Target from Years of Operational Experience
Identify Two Inputs for Setting a Target Error Rate
What Experience Usually Builds Good Improvement Intuition?
True or False: A reasonable target error rate can only be estimated from experience with a consumer-facing product.