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Bias, variance decomposition, and tradeoff. Expected prediction error INSERT formula 7.8 We would like to minimize Err! Increasing the complexity of models increases variance and decreases bias Example: Smoothing based on nearest neighbours. Bias, variance and model complexity.
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Bias, variance decomposition, and tradeoff Expected prediction error INSERT formula 7.8 We would like to minimize Err! Increasing the complexity of models increases variance and decreases bias Example: Smoothing based on nearest neighbours.