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What is the top 1 error rate?

The Top-1 error rate is a term used to describe the top-1 accuracy of an algorithm on a classification task. Usually, the classifier outputs a score or confidence value for each class (“I'm 90% sure this image is of an animal”, “I'm 0.1% sure that this image is of a human”, etc.).
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What is top-1 and top-5 accuracy?

Top-1 accuracy is the conventional accuracy: the model answer (the one with highest probability) must be exactly the expected answer. Top-5 accuracy means that any of your model 5 highest probability answers must match the expected answer.
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What is ImageNet top-1 error rate?

The term top-1 error rate refers method of benchmarking machine learning models in the ImageNet Large Scale Visual Recognition Competition. The model is considered to have classified a given image correctly if the target label is the model's top prediction.
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What is high error rate?

Error rate is a term that describes the degree of errors encountered during data transmission over a communication or network connection. The higher the error rate, the lower the reliability of the connection or data transfer.
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What is TOP1 loss function?

One of the loss functions is coined TOP1 (4). It is a heuristically put together loss consisting of two parts. The first part aims to push the target score above the score of the samples, while the second part lowers the score of negative samples towards zero.
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Type 1 errors | Inferential statistics | Probability and Statistics | Khan Academy

What are L1 and L2 losses?

L1 and L2 are two common loss functions in machine learning/deep learning which are mainly used to minimize the error. L1 loss function is also known as Least Absolute Deviations in short LAD. L2 loss function is also known as Least square errors in short LS.
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What does 0 1 loss mean?

Zero-one loss: The simplest loss function is the zero-one loss. It literally counts how many mistakes an hypothesis function h makes on the training set. For every single example it suffers a loss of 1 if it is mispredicted, and 0 otherwise.
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What is a good error rate?

For a good measurement system, the accuracy error should be within 5% and precision error should within 10%.
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What is a reasonable error rate?

The typical failure rates in businesses using common work practices range from 10 to 30 errors per hundred opportunities. The best performance possible in well managed workplaces using normal quality management methods are failure rates of 5 to 10 in every hundred opportunities.
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What is an acceptable rate of errors?

A general rule of thumb is that human error rates usually hover around 1%. One study involving laboratory tests found an error rate of almost 4%, with over 14% of errors containing significant and potentially dangerous discrepancies. Calculations or large data tables can compound mistakes.
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How do you calculate top1 error?

Top-1 accuracy is the conventional accuracy, model prediction (the one with the highest probability) must be exactly the expected answer. It measures the proportion of examples for which the predictedlabel matches the single target label. In our case, the top-1 accuracy = 2/5 = 0.4.
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What is top-1 validation accuracy?

Top-1 accuracy is the conventional accuracy, which means that the model answer (the one with the highest probability) must be exactly the expected answer. Top-5 accuracy means that any of your model that gives 5 highest probability answers that must match the expected answer.
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How accurate is ResNet 50 Top-1?

Our method obtains 80.67% top-1 accuracy on ImageNet using a single crop-size of 224x224 with vanilla ResNet-50, outperforming the previous state-of-the-arts by a significant margin under the same network structure.
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What is 1% accuracy of full scale?

Full scale accuracy means that wherever you are reading within the scale, the error is the same. For example, a 1000 psi pressure gauge with an accuracy of ±1 % of scale (ASME B40. 100 Grade Grade 1A) will have an error of ±10 psi whether you measure 100 psi or 1000 psi.
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What does top 3 accuracy mean?

Top 3 accuracy is the accuracy where true class matches with any one of the 3 most probable classes predicted by the model. And in the same way, we can measure the top 4, top 5, top 6, and so on.
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Why is F1 better than accuracy?

F1 score is usually more useful than accuracy, especially if you have an uneven class distribution. Accuracy works best if false positives and false negatives have similar cost. If the cost of false positives and false negatives are very different, it's better to look at both Precision and Recall.
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What percent error is bad?

If you find that your percent difference is more than 10%, there is likely something wrong with your experiment and you should figure out what the problem is and take new data.
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What is the industry standard data error rate?

It is commonly accepted that the typical error rate in manual data entry is about 1 %.
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What is the average error rate for data entry?

Typical Error Rate In Manual Data Entry Is About 1%

The error rate can also fluctuate if the data being entered is complicated, if the user is tired or in a hurry, or if someone simply has handwriting that is difficult to read.
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How do you interpret error rate?

Error rate is expressed as a ratio and is calculated by dividing the total number of words read by the total number of errors made. The ratio is expressed as 1:20. This means that for each error made, the child read 20 words correctly. Instructional level for use in leveled reading session.
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What is considered low percent error?

Smaller percent errors indicate that we are close to the accepted or original value. For example, a 1% error indicates that we got very close to the accepted value, while 48% means that we were quite a long way off from the true value.
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What is the best error measure?

Root Mean Square Error RMSE to measures how much error there is between two data sets. In other words, it compares a predicted value and an observed or known value. It's also known as Root Mean Square Deviation and it is one of the most common measures in predictions.
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What's a good loss value?

Range of values for this class of Loss function: 0.00: Perfect probabilities. < 0.02: Great probabilities. < 0.05: In a good way.
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Can loss be greater than 1?

So, seeing a log loss greater than one can be expected in the case that your model only gives less than a 36% probability estimate for the actual class. We can also see this by plotting the log loss given various probability estimates.
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What is a good loss score?

The logloss is simply L(pi)=−log(pi) where p is simply the probability attributed to the real class. So L(p)=0 is good, we attributed the probability 1 to the right class, while L(p)=+∞ is bad, because we attributed the probability 0 to the actual class.
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