Introduction:

When dealing with building machine learning models, Data scientists spend most of the time on 2 main tasks when building machine learning models

Pre-processing and Cleaning

The major portion of time goes in to collecting, understanding, and analysing, cleaning the data and then building features. All the above steps mentioned are very important and critical to build successful machine learning…

Any time series classification or regression forecasting involves the Y prediction at 't+n' given the X and Y information available till time T. Obviously no data scientist or statistician can deploy the system without back testing and validating the performance of model in history. Using the future actual information in training data which could be termed as "Look Ahead Bias" is probably the gravest mistake a data scientist can make. Even the sentence “we cannot make use future…