The SAS Data Science Blog
Advanced analytics from SAS data scientists
This is the final post in my series of machine learning best practices. If you missed the earlier posts, start at the beginning, or read the whole series by clicking on the image to the right. While post four in the series was about combining different types of models, this
This is the seventh post in my series of machine best practices. Catch up by reading the first post or the whole series now. Generalization is the learned model’s ability to fit well to new, unseen data instead of the data it was trained on. Overfitting refers to a model that fits
In the recent article, “Price-bots can collude against consumers,” the Economist discusses the consumer effects of prices set by price-bots. The article starts with an example of gasoline pricing strategies on Martha’s Vineyard. With a small number of gas stations on the island, the price-bots can cover all competitor prices frequently