Chapter 2
Stock Volatility Forecasting Using Long Short-Term Memory
Section 7
Data Scaling
Our goal is to improve predictive accuracy and not allow a particular feature to impact the prediction due to a large numeric value range. Thus, we may need to scale values under different features so that they fall under a common range. Through this statistical procedure, it is possible to compare identical variables belonging to different distributions and also different variables or variables expressed in different units. Here are the topics that we will cover now: - Data Scaling - Data Splitting