What is LOESS and When Should I Use It?

Animations are used to walk you through how the Localized Regression technique works so you better understand when or when not to use it.


Code used to produce animations: https://github.com/TheActuarialDataSc...


The Actuarial Data Scientist Merch:
https://merch.streamelements.com/thea...



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▬▬▬▬▬▬▬▬▬▬ Contents of this video ▬▬▬▬▬▬▬▬▬▬

0:00 Polynomial Comparison
2:35 LOESS Algorithm
5:41 Bias-Variance Tradeoff
10:02 Pros & Cons
12:45 Interaction Example
15:33 kNN

▬▬▬▬▬▬▬▬▬▬ Music ▬▬▬▬▬▬▬▬▬▬
Artist Attribution
Music By: "KaizanBlu"
Track Name: "Remember"
Link:    • [No Copyright Music] Chill Jazzy Lofi...