Holdout method:
All data is randomly divided into same equal size data sets. e.g,
- Training set
- Test set
- Validation set
Training set:
- It is a data set helps in the prediction of the model.
[quads id=1]
Test set:
- Unseen data is used as a subset of the data set to assess the performance of the model.
Validation set:
- The validation set is also a data set used to assess the performance of model built during the training.
For example;
There are total 3 data sets.
Total training set for model construction
- 2/3
Total test set for accuracy estimation
- 1/3
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