According to my knowledge(please correct me if I'm wrong),
Multi-label classification(mutually inclusive) i.e., samples might have more than 1 correct values (for example movie genre, disease detection, etc).
Multi-Class classification(mutually exclusive) i.e., samples will always have 1 correct value (for example Cat or Dog, object detection, etc) this includes Binary Classification.
Assuming output is one-hot encoding.
What are the Loss function and metrics on has to use for these 2 types?
loss func. metrics
1. multi-label: (binary, categorical) (binary_accuracy, TopKCategorical accuracy, categorical_accuracy, AUC)
2. multi-class: (binary) (binary_accuracy,f1, recall, precision)
Please tell me from the above table which of them is/are more suitable, which of them is/are wrong & Why?