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A Manufacturing Company Asks Its Machine Learning Specialist to Develop

question 104

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A manufacturing company asks its machine learning specialist to develop a model that classifies defective parts into one of eight defect types. The company has provided roughly 100,000 images per defect type for training. During the initial training of the image classification model, the specialist notices that the validation accuracy is 80%, while the training accuracy is 90%. It is known that human-level performance for this type of image classification is around 90%. What should the specialist consider to fix this issue?


Definitions:

Premium

An amount paid in excess of the face value or regular price, often associated with insurance costs, bonds above par value, or superior quality.

Strike Price

The predetermined price at which the holder of an options contract can buy (call) or sell (put) the underlying asset or security.

Stock Price

The cost of purchasing a share of a company's stock, which fluctuates based on supply and demand in the market.

Put Contract

A financial contract that gives the owner the right, but not the obligation, to sell a specified amount of an underlying asset at a preset price within a specified time frame.

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