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
what are the criteria for evaluating a machine learning model?
user
the criteria for evaluating a machine learning model include accuracy, precision, recall, f1 score, and other metrics such as area under curve (auc) and confidence intervals. additionally, other elements such as model complexity, runtime performance, and resource utilization can also be taken into consideration.
assistant