Assessing model performance and metrics

In this section, we will focus on how well a model is doing in trying to predict the target values. Let's start by looking at the overall performance comparison across different models, as shown in the following screenshot:

Figure 7.13 – Performance across models

The preceding screenshot shows the overall leaderboard, which we have seen before. Here, we can see the overall performance of different models based on the Gamma Deviance metric. We can also review the performance based on other metrics by clicking on the drop-down arrow near the metric, which shows us a list of metrics we can choose from, as illustrated in the following screenshot:

Figure 7.14 – Performance metrics

Figure 7.14 shows the various metrics we can select from. You will typically see a similar trend across different metrics in terms of which models surface to the top spots. In general, the metric that...