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Machine Learning for Finance

You're reading from   Machine Learning for Finance Principles and practice for financial insiders

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Product type Paperback
Published in May 2019
Publisher Packt
ISBN-13 9781789136364
Length 456 pages
Edition 1st Edition
Languages
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Authors (2):
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Jannes Klaas Jannes Klaas
Author Profile Icon Jannes Klaas
Jannes Klaas
James Le James Le
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James Le
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Table of Contents (15) Chapters Close

Machine Learning for Finance
Contributors
Preface
Other Books You May Enjoy
1. Neural Networks and Gradient-Based Optimization 2. Applying Machine Learning to Structured Data FREE CHAPTER 3. Utilizing Computer Vision 4. Understanding Time Series 5. Parsing Textual Data with Natural Language Processing 6. Using Generative Models 7. Reinforcement Learning for Financial Markets 8. Privacy, Debugging, and Launching Your Products 9. Fighting Bias 10. Bayesian Inference and Probabilistic Programming Index

Debugging data


You'll remember that back in the first chapter of this book, we discussed how machine learning models are a function of their training data, meaning that, for example, bad data will lead to bad models, or as we put it, garbage in, garbage out. If your project is failing, your data is the most likely culprit. Therefore, in this chapter we will start by looking at the data first, before moving on to look at the other possible issues that might cause our model to crash.

However, even if you have a working model, the real-world data coming in might not be up to the task. In this section, we will learn how to find out whether you have good data, what to do if you have not been given enough data, and how to test your data.

How to find out whether your data is up to the task

There are two aspects to consider when wanting to know whether your data is up to the task of training a good model:

  • Does the data predict what you want it to predict?

  • Do you have enough data?

To find out whether your...

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