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A Wide Scale Classification of Class Imbalance Problem and its Solutions: A Systematic Literature Review
July 2019 • Gillala Rekha, Amit Kumar Tyagi, V. Krishna Reddy
<p>In today’s world, most of the data (real world) is present in imbalanced form by nature. This is because of not having efficient algorithms to put this data (i.e., generated data by billion of internet- connected devices (IoTs)) in respective format. Imbalanced data poses a great challenge to (both) data mining and machine learning algorithms. The imbalanced dataset consists of a majority class and a minority class, where the majority class takes the lead over the minority class. Generally, seve…