BUSINESS ADMINISTRATION
BUSINESS ANALYTICS
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Question
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Are obtained from the models are validated to ensure accuracy and model robustness. This can be done two ways.
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Results
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Model Building
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Data Collection
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Data Analysis
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Explanation:
Detailed explanation-1: -Models can be validated by comparing output to independent field or experimental data sets that align with the simulated scenario.
Detailed explanation-2: -Process validation is defined as the collection and evaluation of data, from the process design stage throughout production, which establishes scientific evidence that a process is capable of consistently delivering quality products.
Detailed explanation-3: -The V-model is an SDLC model where execution of processes happens in a sequential manner in a V-shape. It is also known as Verification and Validation model. The V-Model is an extension of the waterfall model and is based on the association of a testing phase for each corresponding development stage.
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