Effective model validation using machine learning
ByJonathan Glowacki, and Martin Reichhoff
17 May 2017
Effective model validation using machine learning
Recent developments in technology and open-source software have increased computational power, allowed for more effective data-processing algorithms, and created a surge in demand for more advanced predictive solutions. The market has responded to this demand with machine-learning algorithms. Machine-learning techniques have the potential to help improve business processes, better manage risk, and advance research, but these techniques are not without their own potential risks.