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.
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describe the function and use of a loss function.
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a loss function measures the performance of a machine learning model, typically by calculating the difference between the model’s predictions and the true values. the loss function is used to determine the model’s accuracy, and to train the model by minimizing the difference between the model’s predictions and the true values.
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