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Bias–variance trade off explained! - Key in quant/ML ensuring model accuracy on new data
Balancing bias and variance is like aiming for the bullseye 🎯. Too simple, and you miss the target every time. Too complex, and your arrows scatter everywhere. The sweet spot? Consistency and accuracy. Bias = wrong assumptions. Variance = overreaction to noise. Master the tradeoff → build models that actually generalize. Which quadrant do ...
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