G06N3126
Please help me predict the CPC LABEL for this patentPATENT ABSTRACT: The various embodiments herein provide a method and system for automated model building, validation and selection of best performing models. The method comprises of selecting a dataset available for modeling from one or more external data sources, dividing the dataset into at least three parts, selecting one or more modeling methods along with associated parameters ranges based on the model to be built, identifying one or more fitness functions against which the models need to be evaluated, generating a plurality of model building experiment variation that can be run utilizing a first part of the dataset, obtaining values of the fitness function for the different modeling method experiments on the first part of the dataset, obtaining a second fitness value by re-evaluating the generated models from the different experiments on a second part of the dataset to evaluate the model performance on unseen data during training, selecting, one or more best performing models by comparing the first fitness value and the second fitness value, generating fitness values by an algorithm processing module using selected one or more best performing models on the remaining datasets, and selecting the best model from the conducted evaluation.