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Thomas Dietterich: From the Foundations

The Gradient: Perspectives on AI

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The Definition of Bias and it's relationship to Variance in ML problems.

The definition of bias from a statistical point of view is when the algorithm's prediction is consistently wrong. Bias can vary, such as bias against certain subgroups in image recognition. Statistical bias can be decomposed into two components: variance and bias. Variance refers to the variation in the algorithm's output when run multiple times on different data samples. Bias is how far the average of all those outputs deviates from the true regression line. In machine learning, regularization is often used to reduce variance but may increase bias. Techniques like bagging and randomization can help reduce variance and improve accuracy. However, using a flexible space of hypotheses in machine learning allows us to focus on fitting the right answer rather than worrying about bias.

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