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 enemies does not compensate for the loss of friends.”
    —Abraham Lincoln (1809–1865)

    “As a medium of exchange,... worrying regulates intimacy, and it is often an appropriate response to ordinary demands that begin to feel excessive. But from a modernized Freudian view, worrying—as a reflex response to demand—never puts the self or the objects of its interest into question, and that is precisely its function in psychic life. It domesticates self-doubt.”
    —Adam Phillips, British child psychoanalyst. “Worrying and Its Discontents,” in On Kissing, Tickling, and Being Bored, p. 58, Harvard University Press (1993)