What is the purpose of the test data set?

An analyst has a sufficient volume of data to perform a 3-way partition of the data into training, validation, and test sets to perform honest assessment during the model building process.What is the purpose of the test data set?

Question:

What is the purpose of the test data set?

Options:

To provide a unbiased measure of assessment for the final model.

To compare models and select and fine-tune the final model.

To reduce total sample size to make computations more efficient.

To build the predictive models.

Correct Answer

The Correct Answer for this Question is

To provide a unbiased measure of assessment for the final model.

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