What is overfitting? How is overfitting fixed?

Overfitting is a situation that occurs in statistical modeling or Machine Learning where the algorithm starts to over-analyze data, thereby receiving a lot of noise rather than useful information. This causes low bias but high variance, which is not a favorable outcome.

Overfitting can be prevented by using the below-mentioned methods:

  • Early stopping
  • Ensemble models
  • Cross-validation
  • Feature removal
  • Regularization