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Overfitting occurs when a model learns the training data too well, including noise and outliers, leading to poor performance on unseen data.
Overfitting is beneficial in business applications as it ensures models capture all possible variations in customer behavior.
In business, overfitting guarantees that models will always predict future trends accurately based on historical data.
Overfitting can be avoided by using larger datasets, which is commonly applied in sequence transduction models for business analytics.
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Sequence Transduction Models
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