Loss Function - 0-1 Loss Function

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:

    The loss of my sight was a great fillip. If I could go deaf and dumb I think I might pant on to be a hundred.
    Samuel Beckett (1906–1989)

    To look backward for a while is to refresh the eye, to restore it, and to render it the more fit for its prime function of looking forward.
    Margaret Fairless Barber (1869–1901)