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Absolute error?
masquerade23
I really need some help regarding the absolute error. After I have done the Performance(Regression) I get these values back as absolute error 1
.247 +/- 0.369. Does this means the error is between +1.247 and -0.369? I really have no idea how to
interpret these value.
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varunm1
Hello
@Patrick_Haas
The error is between (1.247+0.369) or (1.247-0.369).
@mschmitz
any suggestion on this. This calculation with +/- is based on Confidence interval in statistics right?
Regards,
Varun
masquerade23
Hello
@varunm1
Thank you so much for your help!
Regards,
Patrick
MartinLiebig
@masquerade23
,
to add to this, this gives you the amount of variance in the different folds of a validation. So in the different folds you havesometimes values like 1.2 but sometimes also an error of 0.9 or 3.0
Best,
Martin
Telcontar120
The plus/minus component is just the standard deviation around the reported average of the performance across the different cross validation folds. So it is related to confidence intervals but is not directly computed or dependent on them.
jacobcybulski
Remember that in cross-validation, each fold creates a different sample with its own regression line, and each regression model produces a slightly different set of estimates and errors. The MAE is calculated for each and their mean is what RM returns, indicating a range of those errors. Why is it significant? This is because a regression models for the entire population (and the data yet to be collected) falls in between the regression models you produce in cross-validation (which define a confidence interval). In this way, RapidMiner gives you an indication of the estimated MAE for the population and the future data.
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