An automated approach for binary classification on imbalanced data

Abstract

AbstractImbalanced data are present in various business sectors and must be handled with the proper resampling methods and classification algorithms. To handle imbalanced data, there are numerous resampling and learning method combinations; nonetheless, their effective use necessitates specialised knowledge. In this paper, several approaches, ranging from more accessible to more advanced in the domain of data resampling techniques, will be considered to handle imbalanced data. The application developed delivers recommendations of the most suitable combinations of techniques for a specific dataset by extracting and comparing dataset meta-feature values recorded in a knowledge base. It facilitates effortless classification and automates part of the machine learning pipeline with comparable or better results than state-of-the-art solutions and with a much smaller execution time.