- CFA Exams
- CFA Level I Exam
- Study Session 3. Quantitative Methods (2)
- Reading 7. Machine Learning
- Subject 2. Overview of Evaluating ML Algorithm Performance

###
**CFA Practice Question**

Which statement is false?

A. The more complex a model, the less the bias error.

B. The more complex a model, the less the variance error.

C. The base error is at where the bias error and variance error curves intersect.

**Explanation:**The more complex a model, the greater the variance error.

Bias error: measures how the predictor is mismatched with the true model in expectation

###
**User Contributed Comments**
0

You need to log in first to add your comment.