Answer - An imbalanced classification problem is an example of a classification problem in which the distribution of examples over the known classes is biased or skewed. The distribution can range from a slight bias to a severe imbalance where there is one example in the minority class for hundreds, thousands, or millions of examples in the majority class or classes. Further, this creates a challenge for predictive modeling as most of the machine learning algorithms used for classification were designed around the assumption of an equal number of examples for each class. This results in models that have poor predictive performance, specifically for the minority class.