Paper ID: 2307.02694

Loss Functions and Metrics in Deep Learning

Juan Terven, Diana M. Cordova-Esparza, Alfonso Ramirez-Pedraza, Edgar A. Chavez-Urbiola, Julio A. Romero-Gonzalez

When training or evaluating deep learning models, two essential parts are picking the proper loss function and deciding on performance metrics. In this paper, we provide a comprehensive overview of the most common loss functions and metrics used across many different types of deep learning tasks, from general tasks such as regression and classification to more specific tasks in Computer Vision and Natural Language Processing. We introduce the formula for each loss and metric, discuss their strengths and limitations, and describe how these methods can be applied to various problems within deep learning. This work can serve as a reference for researchers and practitioners in the field, helping them make informed decisions when selecting the most appropriate loss function and performance metrics for their deep learning projects.

Submitted: Jul 5, 2023