Key Performance Indicators
Key Performance Indicators (KPIs) are measurable values that demonstrate how effectively a company is achieving its business objectives. In the context of Data Science, KPIs are used to evaluate the performance of data-driven models and algorithms. KPIs can be used to measure the accuracy, precision, recall, and F1 score of a model. They can also be used to measure the performance of a data pipeline, such as the time it takes to load and preprocess data. KPIs are essential for monitoring the performance of a data-driven system and for making data-driven decisions. They provide a way to track progress towards business goals and to identify areas for improvement.
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