Documents © Deloitte Consulting, 2004 Model Validation and Bootstrapping James Guszcza, FCAS, MAAA CAS...

Slide 1 © Deloitte Consulting, 2004 Model Validation and Bootstrapping James Guszcza, FCAS, MAAA CAS Predictive Modeling Seminar Chicago October, 2004 Slide 2 © Deloitte…

Documents The Basics of Model Validation James Guszcza, FCAS, MAAA CAS Predictive Modeling Seminar Chicago...

Slide 1 The Basics of Model Validation James Guszcza, FCAS, MAAA CAS Predictive Modeling Seminar Chicago September, 2005 Slide 2 Agenda Problem of Model Validation Bias-Variance…