as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
system
describe how to assess a machine learning model.
user
to assess a machine learning model, start by defining a set of goals and metrics. then, split the data into training and testing sets, and train the model using the training set. finally, evaluate the model using the testing set and assess it by comparing the performance to the goals defined.
assistant