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by mirimir
2743 days ago
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Of course it's done! For one thing, you don't need to fit your model to the full historical record. So you can use more recent data to validate models fit to older data. It's like training AI. But yes, models fit to the full historical record can only be validated in real time. |
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This doesn't work in an adversarial context; there's no guarantee that the modeler didn't cheat.