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In this type of data, the partitioning is usually done randomly, with a random set of...

In this type of data, the partitioning is usually done randomly, with a random set of observations designated as training data and remainder as validation data. 1. cross sectional data 2 time series data 3. uncleaned data 4. external information data

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Answer #1

cross sectional data:

  • In this the number of data partitions done are 2 or 3
  • In this type of data, the partitioning is usually done randomly, with a random set of observations designated as training data and remainder as validation data.
  • Training partition is largest partition and it examing the models.
  • Validation partition used to assess the performance

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