Question

Which of the following are correct about model evaluation. More than one option may be correct.
Model evaluation is done to verify or validate that the model developed is correct and conforms to
reality.
We can build multiple models for a certain phenomenon, but a lot of them may be imperfect. Model
evaluation helps us choose and build a perfect model
If model evaluation reveals that the model gives incorrect results for certain data, then the data is
likely to be incorrect
Modelling and Evaluation is an iterative process.​

Answer 1

Answer:

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