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What does model interpretability refer to?

The speed at which a model processes data

The accuracy of the model's predictions

The degree to which a human can understand the model's decisions

Model interpretability refers to the degree to which a human can understand how a model makes its decisions. This concept is critical in machine learning and artificial intelligence because it allows practitioners and stakeholders to gain insights into the model's reasoning and trust its outputs. When a model is interpretable, users can identify which features were influential in driving the model's predictions and why certain outcomes occur. This transparency is especially important in fields like healthcare, finance, and law, where decisions have significant consequences.

In contrast, aspects like processing speed, prediction accuracy, and real-time performance, while important metrics in evaluating a model's effectiveness and usability, do not capture the essential nature of how well humans can comprehend the reasoning behind the model's outputs. Therefore, model interpretability stands out as a vital attribute that enhances user trust and facilitates more informed decision-making based on model results.

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The ability of a model to perform in real-time

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