Apologies for the basic question, but I've been reading about cross-validation methods/metrics and I would like to confirm if my understanding is correct:
- Some can only be used for regression models (e.g., Root Mean Squared Error, Mean Absolute Error, R2 Error, etc.);
- Some can only be used for classification models (e.g., ROC/AUC);
- Some can be used for both regression and classification models (e.g., Leave One Out Cross-Validation, K-fold Cross-Validation, etc.)
Thank you in advance.