Compute the log loss for models with binary outcome.
Usage
performance_logloss(model, verbose = TRUE, ...)
Value
Numeric, the log loss of model.
Arguments
model
Model with binary outcome.
verbose
Toggle off warnings.
...
Currently not used.
Details
Logistic regression models predict the probability of an outcome of being a
"success" or "failure" (or 1 and 0 etc.). performance_logloss() evaluates
how good or bad the predicted probabilities are. High values indicate bad
predictions, while low values indicate good predictions. The lower the
log-loss, the better the model predicts the outcome.