hankehly / JapanHorseRaceAnalytics

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Remove Highly Correlated Features #1

Closed hankehly closed 6 months ago

hankehly commented 7 months ago

If two features provide similar information, consider keeping only one.

Checking if features provide similar information, a process often aimed at identifying multicollinearity or redundancy in your dataset, can be approached through various statistical and data analysis techniques. Here are some effective methods:

Method: Calculate the Pearson correlation coefficient for continuous variables or Spearman's rank correlation for ordinal variables to measure the linear relationship between pairs of features.

How to Use: High correlation coefficients (near -1 or 1) indicate a strong relationship, suggesting that the features might provide similar information.

Many practitioners use higher thresholds (like 0.7 or 0.8) as a criterion for considering the removal of one of a pair of correlated features.

Tool: In Python, you can use pandas.DataFrame.corr for this purpose.