Bias Variance Tradeoff Explained!

What is Bias? What is the tradeoff between bias and variance? These questions and more answered today! ABOUT ME ⭕ Subscribe: https://www.youtube.com/c/CodeEmporium?sub_confirmation=1 📚 Medium Blog: https://medium.com/@dataemporium 💻 Github: https://github.com/ajhalthor 👔 LinkedIn: https://www.linkedin.com/in/ajay-halthor-477974bb/ RESOURCES [1] What are estimators? https://en.wikipedia.org/wiki/Estimator#Quantified_properties [2] The importance of Mean Squared Error and it's bias-variance decomposition: https://en.wikipedia.org/wiki/Mean_squared_error [3] Unbiased Estimators: https://en.wikipedia.org/wiki/Bias_of_an_estimator [4] Bias Variance Tradeoff: https://en.wikipedia.org/wiki/Bias–variance_tradeoff#Bias–variance_decomposition_of_mean_squared_error [X] More resources on bias-variance decomposition: http://rasbt.github.io/mlxtend/user_guide/evaluate/bias_variance_decomp/ MATH COURSES (7 day free trial) 📕 Mathematics for Machine Learning: https://imp.i384100.net/MathML 📕 Calculus: https://imp.i384100.net/Calculus 📕 Statistics for Data Science: https://imp.i384100.net/AdvancedStatistics 📕 Bayesian Statistics: https://imp.i384100.net/BayesianStatistics 📕 Linear Algebra: https://imp.i384100.net/LinearAlgebra 📕 Probability: https://imp.i384100.net/Probability OTHER RELATED COURSES (7 day free trial) 📕 ⭐ Deep Learning Specialization: https://imp.i384100.net/Deep-Learning 📕 Python for Everybody: https://imp.i384100.net/python 📕 MLOps Course: https://imp.i384100.net/MLOps 📕 Natural Language Processing (NLP): https://imp.i384100.net/NLP 📕 Machine Learning in Production: https://imp.i384100.net/MLProduction 📕 Data Science Specialization: https://imp.i384100.net/DataScience 📕 Tensorflow: https://imp.i384100.net/Tensorflow