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How to create Target Encoding or Mean Encoding in R?

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@Satish_Chilloji wrote:

In recent Analytics Vidhya Hackathon, I have come to know this Concept Called Target Encoding for handling categorical variables having too many levels (Ex ZIP code, Phone Number). I want to implement this in R but I couldn’t get any leads in Google. Can anybody help me building this in R with CV.?

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