A Systematic Methodology on Class Imbalanced Problems involved in the Classification of Real-World Datasets

Abstract

Current generation real-world data sets processed through machine learning are imbalanced by nature. This imbalanced data enables the researchers with a challenging scenario in the context of perdition for both the machine learning and data mining algorithms. It is observed from the past research studies most of the imbalanced data sets consists of the major classes and minor classes and the major class leads the minor class. Several standards and hybrid prediction algorithms are proposed in various application domains but in most of the real-time data sets analyzed in the studies are imbalanced by nature thereby affecting the accuracy of the prediction. This paper presents a systematic survey of the past research studies to analyze intrinsic data characteristics and techniques utilized for handling class-imbalanced data. In addition, this study reveals the research gaps, trends and patterns in existing studies and discusses briefly on future research directions.