Supervised Learning Review (Customer-Facing Ranking Context)
You are designing and evaluating models for a customer-facing ranking service (e.g., ordering items by relevance). Answer concisely, referencing equations and business impact where helpful.
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Explain the bias–variance trade-off and how you diagnose it.
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List the key assumptions behind ordinary least squares (OLS) linear regression.
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How do you detect and mitigate overfitting?
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Compare boosting and bagging ensembles. When would you choose each?
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Which metrics would you choose for an imbalanced binary classifier and why?
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How would you handle missing data during training?
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Why is the normal distribution so common in statistical modeling?