Vocabulary Word
Scenario:
Our current predictive model seems to have low accuracy. We need a technique that can help us reduce the error rate.
Response:
Could gradient-boosting be the answer? It could limit the errors from our previous model and incrementally improve the next one.
Scenario:
We need to forecast the impacts of the new tax policy. Is there a way we can do it systematically?
Response:
Gradient-boosting, as a predictive model, could quantify the effects of the tax policy systematically.