Understanding model fit is important for understanding the root cause for poor model accuracy. This understanding will guide you to take corrective steps. We can determine whether a predictive model is underfitting or overfitting the training data by looking at the prediction error on the training data and the evaluation data.
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Machine Learning. Diagram Explaining the Problems of Model Fitting. Overfitting and Underfitting in Classification Tasks Stock Illustration - Illustration of education, digital: 258355072
Overfitting and underfitting in modeling. The generalization gap is the
