Mean Squared Logarithmic Error (MSLE)

Mean Squared Logarithmic Error (MSLE)

MSLE=1Ni(log(yi+1)log(yi^+1))2

Pros:

  1. Good at Handling Outliers

Cons:

  1. Biased penalty
    1. Penalizes underestimation more than the overestimation

Related Notes