Explain the concept of the bias-variance tradeoff in relation to overfitting and underfitting.

  • Both high bias and variance cause overfitting
  • Both high bias and variance cause underfitting
  • High bias causes overfitting, high variance causes underfitting
  • High bias causes underfitting, high variance causes overfitting
High bias leads to underfitting, as the model oversimplifies the data, while high variance leads to overfitting, as the model captures the noise and fluctuations in the training data. Balancing the two is essential for a well-performing model.
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