Reconciling modern machine-learning practice and the classical bias–variance trade-off

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Summary

This work shows how classical theory and modern practice can be reconciled within a single unified performance curve and proposes a mechanism underlying its emergence, and provides evidence for the existence and ubiquity of double descent for a wide spectrum of models and datasets.

Type
article
Published
2018-12-28
Cited by
2,155
References
47
Access
Open access

Keywords

Variance (accounting), Economics, Econometrics, Artificial intelligence, Machine learning

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