Glossary term
Glossary term
Foundations
Synonym for L2 loss.
Created for this library
A demand forecasting team uses squared loss in its production model because it penalizes large misses more strongly than absolute error.
A pricing team uses squared loss in its demand model because the financial cost of large prediction errors scales super-linearly.
A research team uses squared loss as the default for regression baselines because it has smooth, well-understood gradients.
Definition source: Google for Developers Machine Learning Glossary | Creative Commons Attribution 4.0 License