Hi ,
Love him or hate him, you've gotta admit Tom Cruise makes awesome movies.
Last year's Top Gun: Maverick made over $1.488b US and was nominated for Best Picture at the Oscars, and the Mission Impossible movie series has made over $3.57b US worldwide to date.
Cruise is an extremely savvy businessman
and his investors undoubtedly appreciate the high returns delivered by his movies. Yet, the reason his movies perform so well is because he realises, to audiences, there is only one metric that really counts - they want to be entertained.
And that's what Cruise excels at delivering.
Here's the thing...
Machine learning model performance is typically assessed using performance metrics such as accuracy, precision and recall, and obviously, it is desirable for a model to be as
accurate as possible.
Yet, from a stakeholder point of view, the most important metric is whether a model solves the business problem it was intended to solve.
A less accurate model that
solves the business problem beats a more accurate model that doesn't any day.
Focus on optimising the metrics that matter most to your stakeholders and everything else will follow.
Talk
again soon and bring on Mission Impossible 7,
Dr Genevieve Hayes.