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arXiv · 1408.4072

Indexing Cost Sensitive Prediction

Leilani Battle·Edward Benson·Aditya Parameswaran·Eugene Wu
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Abstract

Predictive models are often used for real-time decision making. However, typical machine learning techniques ignore feature evaluation cost, and focus solely on the accuracy of the machine learning models obtained utilizing all the features available. We develop algorithms and indexes to support cost-sensitive prediction, i.e., making decisions using machine learning models taking feature evaluation cost into account. Given an item and a online computation cost (i.e., time) budget, we present two approaches to return an appropriately chosen machine learning model that will run within the specified time on the given item. The first approach returns the optimal machine learning model, i.e., one with the highest accuracy, that runs within the specified time, but requires significant up-front precomputation time. The second approach returns a possibly sub- optimal machine learning model, but requires little up-front precomputation time. We study these two algorithms in detail and characterize the scenarios (using real and synthetic data) in which each performs well. Unlike prior work that focuses on a narrow domain or a specific algorithm, our techniques are very general: they apply to any cost-sensitive prediction scenario on any machine learning algorithm.

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Leilani Battle, Edward Benson, Aditya Parameswaran, Eugene Wu. 2014-08-15. Indexing Cost Sensitive Prediction. https://arxiv.org/abs/1408.4072

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