1. Accuracy:

• Accuracy of classifier refers to the ability of classifier.
• It predicts the class label correctly and the accuracy of the predictor refers to how well a given predictor can guess the value of predicted attribute for a new data.

2. Speed :

• This refers to the computational cost in generating and using the classifier or predictor.

3. Robustness:

• It refers to the ability of classifier or predictor to make correct prediction from given noisy data.

4. Scalability:

• Scalability refers to the ability to construct the classifier or predictor efficiently; given large amount of data.

5. Interpretability:

• It refers to what extent the classifier or predictor understands.