Holdout Sample
From Open Risk Manual
Revision as of 21:02, 11 September 2020 by Wiki admin (talk | contribs)
Definition
A Holdout Sample is a subset of a statistical data set that is set aside during the Model Development process in order to help evaluate the estimated model.
The sample will typically generated by random draws (under the assumption that the total data set is homogeneous). The size of the sample will vary.
