12 October 2020 6 5K Report

In terms of evaluating how well a neural network performs in a classification task with the number of classes greater than 2 (for example, classifying an observation into one of the 4 classes), which would be a better measure to use: (i) error-based measures such as the cross entropy loss, or (ii) strict accuracy rate?

And what would be the advantage(s) of one measure over the other?

Thank you.

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