What is LOESS and When Should I Use It?
Animations are used to walk you through how the Localized Regression technique works so you better understand when or when not to use it. Code used to produce animations: https://github.com/TheActuarialDataSc... The Actuarial Data Scientist Merch: https://merch.streamelements.com/thea... Earn yourself (and me :) a free stock by joining RobinHood! tiny.cc/JoinRobinHood ▬▬▬▬▬▬▬▬▬▬ Contents of this video ▬▬▬▬▬▬▬▬▬▬ 0:00 Polynomial Comparison 2:35 LOESS Algorithm 5:41 Bias-Variance Tradeoff 10:02 Pros & Cons 12:45 Interaction Example 15:33 kNN ▬▬▬▬▬▬▬▬▬▬ Music ▬▬▬▬▬▬▬▬▬▬ Artist Attribution Music By: "KaizanBlu" Track Name: "Remember" Link: • [No Copyright Music] Chill Jazzy Lofi Hip-...

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