Machine learning is one field that has grown exponentially over the last decade creating a large pool of opportunities and solving real-world problems. Companies have started adopting machine learning practices in their existing
SHAP stands for SHapley Additive exPlanations. It uses Shapley values as its core to explain individual predictions. Shapley values come from Game Theory where each feature present in the data is the player in the game and the final reward is the prediction that is made.
LIME stands for Local Interpretable Model agnostic Explanations. Local means related to a single prediction. Now, to the term model agnostic. It means that there is no need for information regarding the internal structure of the model.