Ask a Data Scientist: The Bias vs. Variance Tradeoff - insideBIGDATA

Welcome back to our series of articles sponsored by Intel – "Ask a Data Scientist." Once a week you'll see reader submitted questions of varying levels of technical detail answered by a practicing data scientist – sometimes by me and other times by an Intel data scientist. Think of this new insideBIGDATA feature as a valuable resource for you to get up to speed in this flourishing area of technology. If you have a big data question you'd like answered, please just enter a comment below, or send an e-mail to me at: daniel@insidehpc.com. This week's question is from a reader who wants an explanation of the "bias vs. variance tradeoff in statistical learning."