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How to evaluate RMSE with standard deviation



Announcing the arrival of Valued Associate #679: Cesar Manara
Planned maintenance scheduled April 17/18, 2019 at 00:00UTC (8:00pm US/Eastern)
2019 Moderator Election Q&A - Questionnaire
2019 Community Moderator Election ResultsAdjusting predicted values based on average offsets from past predictionsExpanding Standard deviationRegression yields much smaller standard deviation and the mean is off, what could be wrong?Interpreting the Root Mean Squared Error (RMSE)!High RMSE and MAE and low MAPEDuring a regression task, I am getting low R^2 values, but elementwise difference between test set and prediction values is hugeMAD vs RMSE vs MAE vs MSLE vs R²: When to use which?How to start building a statistical regression analysis model with multiple categorical/discrete input variables of high dimension in PythonHow can causal inference be used with machine learning?










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I have regression model, where target is between 0 to 1. standard deviation of target is 0.817 and RMSE of model on hold out is 0.52. I am wondering if this good model or not.



Any feedback will be useful



Thanks










share|improve this question









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  • $begingroup$
    it is definitely not good, both the mean error and the spread are high. I would consider it good if both measures were around 0.1. But the answer also depends on your application.
    $endgroup$
    – pcko1
    Jul 5 '18 at 17:11















0












$begingroup$


I have regression model, where target is between 0 to 1. standard deviation of target is 0.817 and RMSE of model on hold out is 0.52. I am wondering if this good model or not.



Any feedback will be useful



Thanks










share|improve this question









$endgroup$




bumped to the homepage by Community 37 mins ago


This question has answers that may be good or bad; the system has marked it active so that they can be reviewed.














  • $begingroup$
    it is definitely not good, both the mean error and the spread are high. I would consider it good if both measures were around 0.1. But the answer also depends on your application.
    $endgroup$
    – pcko1
    Jul 5 '18 at 17:11













0












0








0





$begingroup$


I have regression model, where target is between 0 to 1. standard deviation of target is 0.817 and RMSE of model on hold out is 0.52. I am wondering if this good model or not.



Any feedback will be useful



Thanks










share|improve this question









$endgroup$




I have regression model, where target is between 0 to 1. standard deviation of target is 0.817 and RMSE of model on hold out is 0.52. I am wondering if this good model or not.



Any feedback will be useful



Thanks







regression statistics






share|improve this question













share|improve this question











share|improve this question




share|improve this question










asked Jul 5 '18 at 17:00









Kppatel PatelKppatel Patel

1063




1063





bumped to the homepage by Community 37 mins ago


This question has answers that may be good or bad; the system has marked it active so that they can be reviewed.







bumped to the homepage by Community 37 mins ago


This question has answers that may be good or bad; the system has marked it active so that they can be reviewed.













  • $begingroup$
    it is definitely not good, both the mean error and the spread are high. I would consider it good if both measures were around 0.1. But the answer also depends on your application.
    $endgroup$
    – pcko1
    Jul 5 '18 at 17:11
















  • $begingroup$
    it is definitely not good, both the mean error and the spread are high. I would consider it good if both measures were around 0.1. But the answer also depends on your application.
    $endgroup$
    – pcko1
    Jul 5 '18 at 17:11















$begingroup$
it is definitely not good, both the mean error and the spread are high. I would consider it good if both measures were around 0.1. But the answer also depends on your application.
$endgroup$
– pcko1
Jul 5 '18 at 17:11




$begingroup$
it is definitely not good, both the mean error and the spread are high. I would consider it good if both measures were around 0.1. But the answer also depends on your application.
$endgroup$
– pcko1
Jul 5 '18 at 17:11










1 Answer
1






active

oldest

votes


















0












$begingroup$

The residuals of your model seem to vary by a large extent (as denoted by RMSE, which is in the same units as the target). Without any context on the problem you are solving, it would be hard to decide whether the model is good or not. But, it does appear to be on the poorer side.






share|improve this answer









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    1 Answer
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    0












    $begingroup$

    The residuals of your model seem to vary by a large extent (as denoted by RMSE, which is in the same units as the target). Without any context on the problem you are solving, it would be hard to decide whether the model is good or not. But, it does appear to be on the poorer side.






    share|improve this answer









    $endgroup$

















      0












      $begingroup$

      The residuals of your model seem to vary by a large extent (as denoted by RMSE, which is in the same units as the target). Without any context on the problem you are solving, it would be hard to decide whether the model is good or not. But, it does appear to be on the poorer side.






      share|improve this answer









      $endgroup$















        0












        0








        0





        $begingroup$

        The residuals of your model seem to vary by a large extent (as denoted by RMSE, which is in the same units as the target). Without any context on the problem you are solving, it would be hard to decide whether the model is good or not. But, it does appear to be on the poorer side.






        share|improve this answer









        $endgroup$



        The residuals of your model seem to vary by a large extent (as denoted by RMSE, which is in the same units as the target). Without any context on the problem you are solving, it would be hard to decide whether the model is good or not. But, it does appear to be on the poorer side.







        share|improve this answer












        share|improve this answer



        share|improve this answer










        answered Jul 18 '18 at 9:56









        SrikrishnaSrikrishna

        1062




        1062



























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