Overfitting / Underfitting – How Well Does Your Model Fit?

nbsp; Supervised machine learning is inferring a function which will map input variables to an output variable. Let’s unpack this definition a bit with an example. Say that we are a bank that wants to determine to whom we should give a loan. The objective, therefore, is to infer a function that examines a set…

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An example for (a) underfitting, (b) good fit, and (c) overfitting