Description
A few years ago, it was extremely uncommon to retrain a machine learning model with new observations systematically. This was mostly because the model retrain…
Summary
- MLOps solutions have brought about this change with easy access to automation around model retraining, and often the most straightforward approach to trigger retraining is schedule-based.
- The most basic, fundamental reason for model retraining is that the outside world that is being predicted keeps changing, and consequently the underlying data changes, causing model drift.
- When there is high variance in the model performance, it makes sense to retrain a model with a training dataset that includes new observations and increases its size.