📢Day 10/100: Class Imbalance Challenges Class imbalance is a persistent issue in fraud detection and credit scoring. 🚨
In my dataset:
Fraudulent transactions are rare (<5%), making prediction tricky. Techniques like SMOTE (Synthetic Minority Oversampling Technique) helped balance the dataset. đź’ˇ Key Insight: Balancing the data improved model precision for rare classes like fraud detection.
đź’ˇ Question: What other methods do you use to address class imbalance without oversampling?
📢Day 10/100: Class Imbalance Challenges Class imbalance is a persistent issue in fraud detection and credit scoring. 🚨
In my dataset:
Fraudulent transactions are rare (<5%), making prediction tricky. Techniques like SMOTE (Synthetic Minority Oversampling Technique) helped balance the dataset. đź’ˇ Key Insight: Balancing the data improved model precision for rare classes like fraud detection.
đź’ˇ Question: What other methods do you use to address class imbalance without oversampling?
Since its launch in 2013, Telegram has grown from a simple messaging app to a broadcast network. Its user base isn’t as vast as WhatsApp’s, and its broadcast platform is a fraction the size of Twitter, but it’s nonetheless showing its use. While Telegram has been embroiled in controversy for much of its life, it has become a vital source of communication during the invasion of Ukraine. But, if all of this is new to you, let us explain, dear friends, what on Earth a Telegram is meant to be, and why you should, or should not, need to care. The next bit isn’t clear, but Durov reportedly claimed that his resignation, dated March 21st, was an April Fools’ prank. TechCrunch implies that it was a matter of principle, but it’s hard to be clear on the wheres, whos and whys. Similarly, on April 17th, the Moscow Times quoted Durov as saying that he quit the company after being pressured to reveal account details about Ukrainians protesting the then-president Viktor Yanukovych. Ukrainian President Volodymyr Zelensky said in a video message on Tuesday that Ukrainian forces "destroy the invaders wherever we can." Again, in contrast to Facebook, Google and Twitter, Telegram's founder Pavel Durov runs his company in relative secrecy from Dubai. Perpetrators of these scams will create a public group on Telegram to promote these investment packages that are usually accompanied by fake testimonies and sometimes advertised as being Shariah-compliant. Interested investors will be asked to directly message the representatives to begin investing in the various investment packages offered.
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