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You don’t do that though, there’s no use case to account with the output of a model.
by carnitine 5y ago
You don’t do that though, there’s no use case to account with the output of a model.
- Chris2048 5y agoI'm not sure what you mean - aside from speculative pricing models there are regulatory constraints too, that are a part of the same codebase. Not to mention that there is a use case for auditing pricing models (as in external requirement, or internally) or comparing alternative models.
- chewbaxxa 5y agoSure we add up the numbers, but there are thresholds for everything anyway. We might not be concerned about something within a 1MM range let alone a floating point inaccuracy. The uncertainty is accounted for already.