generalized additive model
"Silver bullet" and "predictive modeling" paired together in the same sentence? Do tell. The title sounded like the perfect link bait. Nonetheless, I delved into the article – and I am glad I did.
Mr. Kim Larsen's GAM: The Predictive Modeling Silver Bullet was a well-worth read as it introduced both the Generalized Additive Model and a feature selection technique based on information value (IV).
I quickly appreciated Mr. Larsen's choice of data to elucidate his feature selection method. GAM literally choked when trying to fit the full data set. Despite the reduced training set, GAM still performed almost as well as flavor-of-the-month XGBoost. In fact, the var