Intersection over Union (IoU) is a metric used to evaluate the accuracy of an object detection model by measuring the overlap between the predicted bounding box and the ground truth bounding box. This ratio is calculated by dividing the area of overlap between the two boxes by the area of their union, providing a single value that ranges from 0 to 1, where a value of 1 indicates perfect overlap. This metric is crucial for assessing performance in tasks such as object detection, tracking, and segmentation.
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