Which metrics for evaluating regression models do you know? What are MSE and RMSE?

These are some of the metrics for evaluating regression models:

1. Mean Squared Error(MSE)
2. Root Mean Squared Error(RMSE)
3. Mean Absolute Error(MAE)
4. R² or Coefficient of Determination
5. Adjusted R²

What are MSE and RMSE?

MSE stands for Mean Square Error while RMSE stands for Root Mean Square Error. They are metrics with which we can evaluate models.

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