I have the following Python dataframe:
Type Actual Predicted
A 4 3
A 10 18
A 13 11
B 3 10
B 4 2
B 8 33
C 20 17
C 40 33
C 87 80
C 32 30
I have the code to calculate R^2 and RMSE but I don't know how to calculate it by distinct "Type".
For now, my methodology is breaking the larger table into three smaller tables consisting of only A, B, C values and then calculating R^2 and RMSE off each smaller table...then appending them back together.
But the above method is inefficient and I believe there should be an easier way?
Below is the format I want the results to produce when things are grouped:
Type R^2 RMSE
A value value
B value value
C value value