What is the relationship between the bias-variance tradeoff and overfitting and Underfitting?
Overfitting, underfitting, and the bias-variance tradeoff are foundational concepts in machine learning. A model is overfit if performance on the training data, used to fit the model, is substantially better than performance on a test set, held out from the model training process.
Does bias mean Underfitting?
The bias error is an error from erroneous assumptions in the learning algorithm. High bias can cause an algorithm to miss the relevant relations between features and target outputs (underfitting). High variance may result from an algorithm modeling the random noise in the training data (overfitting).
What is the relation between bias-variance and overfitting?
As mentioned in Wikipedia article of Bias-variance trade-off, In error decomposition, the variance is error from sensitivity to small fluctuations in the training set. High variance can cause overfitting: The predicted model itself is random as it is derived as a function of the data.
Why is there a trade off between bias and variance?
The name bias-variance dilemma comes from two terms in statistics: bias, which corresponds to underfitting, and variance, which corresponds to overfitting that you must have understood in its entirety if you have followed till here:) So, why is there a trade-off between bias and variance anyways?
Which is better overfitting or Underfitting a model?
A model is overfitif performance on the training data, used to fit the model, is substantially better than performance on a test set, held out from the model training process. For example, the prediction error of the training data may be noticeably smaller than that of the testing data.
Which is better overfitting or Underfitting in machine learning?
Overfitting, underfitting, and the bias-variance tradeoff are foundational concepts in machine learning. A model is overfitif performance on the training data, used to fit the model, is substantially better than performance on a test set, held out from the model training process.