During the scoping phase of an ML project, a team discovers the labeled dataset has only 500 samples for a 10-class classification task. What is the MOST appropriate first response?
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A
Proceed with training and apply heavy regularization
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B
Re-evaluate feasibility and explore data augmentation or semi-supervised approaches
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C
Switch immediately to a simpler binary classification task
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D
Deploy a pre-trained model without any fine-tuning