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Requirements Clarification & Assessment
Understanding the Problem Types
Regression: Predicts a continuous quantity, such as predicting the temperature, stock prices, or real estate values.
Classification: Predicts a discrete label, such as determining if an email is spam, or classifying images of animals.
Identifying Use Cases for Transformation
Determine scenarios where converting a regression task to a classification task is beneficial, like simplifying the problem or aligning with business objectives.
Data Characteristics
Evaluate the nature of your data, including:
Distribution of the continuous variable.
Potential thresholds or boundaries for classification.
Understand the implications of converting continuous data into discrete categories.
Outcome Requirements
Define what success looks like for both regression and classification tasks in terms of accuracy, interpretability, and utility.
Consider the impact of model choice on the interpretability and usability of results.