What is the crucial function of creating feedback loops involving outcome data from predictions?

Answer

To allow developers to fine-tune models over time, leading to refinement in predictive accuracy and better calibration of warning thresholds.

Recording outcome data from both successful warnings and false alarms allows for ongoing validation, which informs developers on how to fine-tune models and refine the calibration of warning thresholds.

What is the crucial function of creating feedback loops involving outcome data from predictions?
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