Overview
Overfitting is a common challenge in statistical learning where a model learns the training data too well, including its noise, which leads to poor performance on new, unseen data. It is crucial for data scientists to recognize the signs of overfitting and implement strategies to mitigate it, ensuri...
Key Terms
Example: A model that predicts training data perfectly but fails on new data is overfitted.
Example: A well-generalized model will accurately predict outcomes for new data points.
Example: A model trained on historical sales data is using training data.
Example: Validation data helps in tuning model parameters.
Example: Lasso regression is a type of regularization.
Example: K-fold cross-validation splits the data into K subsets.