Variance Archives - Cloud2Data

What is variance in machine learning?

Hemalatha RaghavanApril 26, 2023October 4, 202308 mins

Are you tired of hearing the term “variance” thrown around in machine learning discussions without really understanding what it means? Don’t worry, you’re not alone! Variance is a crucial concept in machine learning that can determine the accuracy and reliability of your models. In this blog post, we’ll dive deep into variance: what it is,…

Ridge Regression

Hemalatha RaghavanNovember 12, 2022October 21, 2023020 mins

In layman’s terms, Ridge regression adds one more term to linear regression’s cost function to reduce error. Ridge regression is a model-tuning method used to analyze data that suffer from multicollinearity. This method performs L2 regularization. When the issue of multicollinearity occurs, least-squares are unbiased, and variances are large; this results in predicted values being…