👉 In statistics and machine learning, a "cutoff" is a threshold value that is used to split data into two groups. It can be thought of as a limit on the size of the training set or validation set, which is often chosen based on certain criteria such as accuracy, precision, recall, F1 score, etc. In statistics, cutoffs are particularly useful when dealing with large datasets and high-dimensional features that cannot fit into memory or processing resources. They can be used to prioritize important