AI engineering glossary · Evaluation metrics

What is calibration?

Calibration (also called probability calibration, model calibration): The property that a model's stated confidence matches how often it is actually right. A well-calibrated classifier that says 70% should be correct on about 70% of such predictions. It matters wherever probabilities feed decisions, such as risk pricing or triage.

Level: intermediateTopic: Evaluation metrics

Calibration: an example

Among 1,000 loan applicants each given a 20% default probability, roughly 200 should default if the model is calibrated.

Related terms

More Evaluation metrics terms

Where you learn it

Calibration is part of the AI Engineering Program, which teaches it with notes, a hands-on lab and an exam. The first lesson is free.

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