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ML internals: Synthetic Minority Oversampling (SMOTE) Technique

Domino Data Lab

Working with highly imbalanced data can be problematic in several aspects: Distorted performance metrics — In a highly imbalanced dataset, say a binary dataset with a class ratio of 98:2, an algorithm that always predicts the majority class and completely ignores the minority class will still be 98% correct. return synthetic. Chawla et al.

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Explaining black-box models using attribute importance, PDPs, and LIME

Domino Data Lab

Because of its architecture, intrinsically explainable ANNs can be optimised not just on its prediction performance, but also on its explainability metric. This dataset classifies customers based on a set of attributes into two credit risk groups – good or bad. PDPs for the bicycle count prediction model (Molnar, 2009).

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