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Evaluate Regression with RMSE and MAE

EasyModel Evaluation00:00
Toyota Motor
Your interviewer · Data Scientist
In session
Interviewer

Welcome to your interview for the Data Scientist role at Toyota Motor.

The question is on your right: Evaluate Regression with RMSE and MAE. Take a moment with it first.

Talk your thinking through with me if you like - when you're confident, submit your answer and I'll grade it like a real screen. You have three graded attempts to score 7/10 or better.

Only Submit answer is graded - discussion is free practice.

Problem

Scenario

You have trained a regression model and need to explain its performance to the team. The discussion is focused on how to judge prediction error using common regression metrics and how those metrics can lead to different conclusions.

Question

How would you evaluate a regression model using RMSE and MAE?