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:

    I have always observed, when there is as much sour as sweet in a compliment, that an Englishman is eternally at a loss within himself, whether to take it, or let it alone: a Frenchman never is.
    Laurence Sterne (1713–1768)

    Morality and its victim, the mother—what a terrible picture! Is there indeed anything more terrible, more criminal, than our glorified sacred function of motherhood?
    Emma Goldman (1869–1940)