Bias variance trade off is a popular term in statistics. In this video we will look into what bias and variance means in the field of machine learning. We will understand this concept by going through a simple example of house price prediction and also cover overfitting, underfitting.
Machine learning tutorial playlist for beginners: https://www.youtube.com/playlist?list=PLeo1K3hjS3uvCeTYTeyfe0-rN5r8zn9rw
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