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Explain the issues regarding classification and prediction?

Answer Posted / Randhir Prasad Singh

Classification and Prediction face several challenges, including: overfitting (when a model learns the training data too well and performs poorly on unseen data), underfitting (when a model is too simple to capture the underlying patterns in the data), noisy data (presence of irrelevant or incorrect information), class imbalance (where one class has significantly more instances than another), and non-linear relationships between variables.

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