Robust weighted kernel logistic regression in imbalanced and rare events data
Computational Statistics & Data Analysis
Evaluation of rare event detection
AI'10 Proceedings of the 23rd Canadian conference on Advances in Artificial Intelligence
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The performance of classification models can be nega- tively impacted if the data on which they are trained con- tains very rare events. While recent research has investi- gated the issue of class imbalance, few if any studies ad- dress issues related to the handling of extreme imbalance (rare events), where the minority class can account for as little as 0.1% of the training data. This work investigates the effect of dataset size and class distribution on classifi- cation performance when examples from the minority class are rare. In addition, we compare the performance improve- ment achieved by acquiring additional examples to that of applying data sampling. Our results demonstrate that data sampling is very effective at alleviating the problem of rare events.