Furthermore, what is Overfitting and Underfitting?
Overfitting: Good performance on the training data, poor generliazation to other data. Underfitting: Poor performance on the training data and poor generalization to other data.
Likewise, what is Underfitting and Overfitting in machine learning and how do you deal with it? For the uninitiated, in data science, overfitting simply means that the learning model is far too dependent on training data while underfitting means that the model has a poor relationship with the training data. Ideally, both of these should not exist in models, but they usually are hard to eliminate.
Moreover, what is Overfitting explained real life example?
If our model does much better on the training set than on the test set, then we're likely overfitting. For example, it would be a big red flag if our model saw 99% accuracy on the training set but only 55% accuracy on the test set.
How do I know if my model is Overfitting or Underfitting?
If "Accuracy" (measured against the training set) is very good and "Validation Accuracy" (measured against a validation set) is not as good, then your model is overfitting. Underfitting is the opposite counterpart of overfitting wherein your model exhibits high bias.
