Quiz 4 Question 20 of 20

In a Phase IV retrospective on the cargo-demand-forecasting model, Meridian's data science team reports that their first three modeling approaches all technically "worked" in that they trained successfully, but each embedded an assumption (fixed pricing, no seasonal shocks, only one aircraft type) that made it unsuitable for Meridian's real cargo operation. What lesson does this real-world Phase IV example best illustrate?

Select an answer to reveal the explanation.

Motivation