Overfitting, Underfitting, Bias Variance Tradeoff, Bias, Variance.
overfit/underfit? Overfitting model — Performs exceptionally well on the training data. But will be of no use for the new data that is coming in. Underfitting model —Performs poorly on train and test data. Might as well just make random predictions. How would I know if my model is overfitting/