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In this part two of the object detection series, the tutorial addresses how to evaluate the accuracy of bounding box predictions. It introduces the concept of measuring the quality of a predicted bounding box against a target bounding box using a metric called Intersection over Union (IoU). The tutorial aims to define how IoU quantifies the overlap between the predicted and target boxes. Additionally, the video includes a practical implementation of this metric in PyTorch. The tutorial begins with an introduction and a discussion on the methods to assess bounding box predictions, focusing on an example involving a car in an image.