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How do you interpret the metrics mentioned below, for example, what does NMAE of 0.244 actually mean? Are predicted ratings close to the actual ratings?

How do you interpret the metrics mentioned below, for example, what does NMAE of 0.244 actually mean? Are predicted ratings close to the actual ratings? Is this a good model to be used to recommend product to users? If yes, why? If not, how can we improve the model performance? What are the computational challenges associated with implementing SVD in a large-scale recommendation system, and how can they be addressed

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