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What Is the Primary Model Performance Metric for Random Forest

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What is the primary model performance metric for random forest regression models?


Definitions:

Budgeting

The process of creating a plan to spend your money, allowing you to determine in advance whether you will have enough funds to achieve your financial goals.

Activity Variance

The discrepancy observed between a business's estimated activities costs or resources and the actual expenses or usage.

Net Operating Income

Represents the total profit of a business after operating expenses are subtracted from gross profit.

Personnel Expenses

Costs associated with the compensation and benefits of a company's employees, including wages, salaries, bonuses, and benefits.

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