Occam's Razor
This article is a direct extraction of other internet sources. " Occam’s razor , also spelled Ockham’s razor , also called law of economy or law of parsimony , principle stated by the Scholastic philosopher William of Ockham (1285–1347/49) that pluralitas non est ponenda sine necessitate , “plurality should not be posited without necessity.” The principle gives precedence to simplicity: of two competing theories, the simpler explanation of an entity is to be preferred. The principle is also expressed as “Entities are not to be multiplied beyond necessity. - Britannica" In this video, the narrator explains about use cases of Occam's Razor in Machine Learning.