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What are the best ways to perform binary classification on  imbalanced dataset(95:5) ?

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The traditional answer is to over-sample the 5%, then adjust for the over-sampling in your analysis.

Thanks for your reply . Apart from oversampling any other approach would you like to suggest  .
 
Vincent Granville said:

The traditional answer is to over-sample the 5%, then adjust for the over-sampling in your analysis.

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