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Basic Question 2 of 10
There are typically three types of samples:
II. validation sample
III. test sample
B. II and III
C. None of them. It is the production sample.
I. training sample
II. validation sample
III. test sample
The term "out-of-sample" refers to:
A. III
B. II and III
C. None of them. It is the production sample.
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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt
Learning Outcome Statements
describe overfitting and identify methods of addressing it;
CFA® 2025 Level II Curriculum, Volume 1, Module 6.