Final answer:
Lower log loss indicates better-calibrated predictions but doesn't directly improve classifier accuracy.
Explanation:
Log loss measures the performance of a classifier where lower values indicate better accuracy. However, log loss is not directly related to classifier accuracy; it is a measure of how well the predicted probabilities align with the true outcomes.
Lower log loss means the predicted probabilities are closer to the actual outcomes, demonstrating better calibration of the classifier. In scenarios like medical diagnosis, assigning appropriate penalties for misclassification through loss functions becomes crucial.
In conclusion, while lower log loss indicates better-calibrated predictions, it does not directly translate to improved classifier accuracy or performance.
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