Which data transformation strategy would likely improve the performance of your classifier?
You work for a bank and are building a random forest model for fraud detection. You have a dataset that
includes transactions, of which 1% are identified as fraudulent.
Which data transformation strategy would likely improve the performance of your classifier?
A . Write your data in TFRecords.
B. Z-normalize all the numeric features.
C. Oversample the fraudulent transaction 10 times.
D. Use one-hot encoding on all categorical features.
Answer: C
Explanation:
Reference: https://towardsdatascience.com/how-to-build-a-machine-learning-model-to-identify-credit-card-fraud-in-5-stepsa-hands-on-modeling-5140b3bd19f1
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