QBUS3820 Lecture Notes - Lecture 4: Bias Of An Estimator, Inflectional Phrase, Linear Regression

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23 Jun 2018

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QBUS3820: Machine Learning and Data

Mining in Business

Lecture 4: Model Selection

Associate Prof. Peter Radchenko

Semester 1, 2018

Discipline of Business Analytics, The University of Sydney Business School

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Module 5: Model Selection

1. Validation set

2. Cross validation

3. Analytical criteria

4. Comparison of model selection methods

5. Application

6. Limitations of model selection

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Introduction

In Lecture 1 we discussed the fundamental concept of the

bias-variance trade-oﬀ for estimation.

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