Deep Learning Easy
Explain the bias-variance tradeoff and how it relates to overfitting.
The short answer
Bias is error from overly simple assumptions (underfitting) and variance is error from sensitivity to training-data noise (overfitting); reducing one often increases the other. An overfit model has low bias but high variance, so techniques like regularization, more data, and simpler models trade a little bias for a large reduction in variance.
How to think about it
Bias is error from overly simple assumptions (underfitting) and variance is error from sensitivity to training-data noise (overfitting); reducing one often increases the other. An overfit model has low bias but high variance, so techniques like regularization, more data, and simpler models trade a little bias for a large reduction in variance.