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Can confidence value for prediction be interchangeably be used with the likelihood for an event?

bhawnath131bhawnath131 Member Posts: 4 Newbie
edited May 26 in Help
For example: 0.978 confidence (yes) can be implied as the likelihood (chances) of this event being true is 97.8%. 
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Best Answer

  • rjones13rjones13 Member Posts: 191 Unicorn
    Solution Accepted
    Hi @bhawnath131,

    Confidence when training machine learning and testing performance can be more thought of as an indicator of how sure the model is for that set of values. For example, if it has a confidence of 0.97 for a class, then it's very sure in that classification. The way confidence is calculated depends on the algorithm used.

    Hope this helps. 

    Best,
    Roland
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