Which of the following statements are true about Leave-one-out cross-validation: on each step it visits a location of a data point and predicts the value at that location by using all observed values;Question 7Answera.Yesb.No
Question
Which of the following statements are true about Leave-one-out cross-validation: on each step it visits a location of a data point and predicts the value at that location by using all observed values;Question 7Answera.Yesb.No
Solution
The statement is true. Leave-one-out cross-validation (LOOCV) is a particular case of cross-validation where the size of the validation set is just one observation. In each iteration, one observation is used as the validation set and the remaining observations make up the training set. The model is then fit on the training set and a prediction is made on the left-out observation. This process is repeated for each observation in the dataset. So, the answer is a. Yes.
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