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CTP · Question #396
CTP Question #396: Real Exam Question with Answer & Explanation
The correct answer is A. In-sample validation. See the full explanation below for the reasoning.
Question
- (Topic 4) MCA, Inc. upgraded the Treasury workstation that had been in place for two years and used data from that 24-month period to develop a new short-term forecast. A trend factor was applied to controlled disbursements of 97% on a month-by-month basis and the variance to actual disbursements is less than 1%. Which of the following model validation techniques was utilized?
Options
- AIn-sample validation
- BDocumentation validation
- COngoing validation
- DComparison validation
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