Can confidence value for prediction be interchangeably be used with the likelihood for an event?

bhawnath131

For example: 0.978 confidence (yes) can be implied as the likelihood (chances) of this event being true is 97.8%. 

RolandJones

Hi @bhawnath131,

Confidence when training machine learning and testing performance can be more thought of as an indicator of how sure the model is for that set of values. For example, if it has a confidence of 0.97 for a class, then it's very sure in that classification. The way confidence is calculated depends on the algorithm used.

Hope this helps. 

Best,
Roland