Simulating the bias-variance tradeoff in R

Robin Kraft Blog, Data Science, Statistik

In my last blog post, I have elaborated on the Bagging algorithm and showed its prediction performance via simulation. Here, I want to go into the details on how to simulate the bias and variance of a nonparametric regression fitting method using R. These kinds of questions arise here at STATWORX when developing, for example, new machine learning algorithms or …