What is the bias-variance tradeoff?
Short Answer
Bias = error from oversimplified assumptions (underfitting). Variance = error from sensitivity to training data fluctuations (overfitting). Total error = Bias² + Variance + Irreducible noise. The goal is to find the sweet spot.
Key Points
- High bias: Linear model on non-linear data → underfitting
- High variance: Complex model with little data → overfitting
- Fix high bias: More features, complex model, less regularization
- Fix high variance: More data, regularization, simpler model, dropout
💡 Memory Trick: "Bias = too simple (dart always left) | Variance = too scattered (darts everywhere)"