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The Effective Statistician - in association with PSI
The Effective Statistician - in association with PSI

Bias-variance-trade off - an important principle you should know and 3 examples for it

26 min•16 februari 2021
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Om avsnittet

This trade-off is universal: It has been shown that a model that is asymptotically unbiased must have unbounded variance”

In this episode, we dive into 3 examples for it:

  • Subgroup analyses
  • Cluster analysis 
  • Regression analysis 

Reference:
Wikipedia - Variance trade off

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