Cross-validation uses in-sample observations. How does it estimate the MSPE for out-of-sample observations, even though the econometrician

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Cross-validation uses in-sample observations. How does it estimate the MSPE for out-of-sample observations, even though the econometrician does not have those observations?

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Introduction To Econometrics

ISBN: 9780134461991

4th Edition

Authors: James Stock, Mark Watson

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Question Posted: May 02, 2024 03:52 AM

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Cross-validation uses in-sample observations. How does it estimate the MSPE for out-of-sample observations, even though the econometrician

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Crossvalidation is a popular model validation technique designed to assess the performance of a pred...View the full answer

Introduction To Econometrics

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