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How to Solve Overfitting?
Theory of techniques used to overcome the overfitting
As an econometrician or a data scientist, your task is to develop robust models and you need to master the regression (I love how J.Angrist says it) and how to regularize it.
For instance, for linear models, although linear regression is a golden standard for modeling, it might be not the best solution in certain circumstances. To keep it short, if your model is too complex for …