April 2019
Intermediate to advanced
426 pages
11h 13m
English
Content preview from Mastering Python for Finance - Second Edition
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Understanding the context for the model
Having a common-sense idea of a model is barely sufficient. A good model takes into account the history, personnel involved, operating constraints, common peculiarities, and all the understanding for the rationale of the model. Are commodity prices following seasonal movements? How was the data gathered? Are the formulas used in the computation of variables reliable? These questions can help us determine the causes, should things go wrong.