Overfitting,
How Do You Define Overfitting?
Overfitting definition is: Overfitting is a modeling error that occurs when a function covers limited data points. Model ■■■■■■■ usually involves creating a model that is too complex to interpret the data under study.
- Overfitting is a modeling error that occurs when a function covers limited data points.
- Financial professionals should always be aware of the dangers of an overfitting model based on limited data.
Meanings of Overfitting
Analyze what is exact or exactly the same for a particular set of data so may not be consistent with additional data or reliably predict future observations.