Search results for "Model Risk"

Nested Cross-Validation for Machine Learning with Python

Nested Cross-Validation for Machine Learning with Python

The k-fold cross-validation procedure is used to estimate the performance of machine learning models when making predictions on data not used during training. This procedure can be used both when optimizing the hyperparameters of a model on a dataset, and when comparing and selecting a model for the dataset. When the same cross-validation procedure and […]

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Standard Machine Learning Datasets for Imbalanced Classification

Standard Machine Learning Datasets for Imbalanced Classification

An imbalanced classification problem is a problem that involves predicting a class label where the distribution of class labels in the training dataset is skewed. Many real-world classification problems have an imbalanced class distribution, therefore it is important for machine learning practitioners to get familiar with working with these types of problems. In this tutorial, […]

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A Gentle Introduction to Markov Chain Monte Carlo for Probability

A Gentle Introduction to Markov Chain Monte Carlo for Probability

Probabilistic inference involves estimating an expected value or density using a probabilistic model. Often, directly inferring values is not tractable with probabilistic models, and instead, approximation methods must be used. Markov Chain Monte Carlo sampling provides a class of algorithms for systematic random sampling from high-dimensional probability distributions. Unlike Monte Carlo sampling methods that are […]

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Probability for Machine Learning

Probability for Machine Learning

Probability for Machine Learning Discover How To Harness Uncertainty With Python Machine Learning DOES NOT MAKE SENSE Without Probability What is Probability?…it’s about handling uncertainty Uncertainty involves making decisions with incomplete information, and this is the way we generally operate in the world. Handling uncertainty is typically described using everyday words like chance, luck, and […]

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What Is Probability?

What Is Probability?

Uncertainty involves making decisions with incomplete information, and this is the way we generally operate in the world. Handling uncertainty is typically described using everyday words like chance, luck, and risk. Probability is a field of mathematics that gives us the language and tools to quantify the uncertainty of events and reason in a principled […]

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Resources for Getting Started With Probability in Machine Learning

Resources for Getting Started With Probability in Machine Learning

Machine Learning is a field of computer science concerned with developing systems that can learn from data. Like statistics and linear algebra, probability is another foundational field that supports machine learning. Probability is a field of mathematics concerned with quantifying uncertainty. Many aspects of machine learning are uncertain, including, most critically, observations from the problem […]

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