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Again, of course, this strategy is limited in most cases, where simulations are being run because observable data are sparse.
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The location information of current AIS data include only latitude and longitude (excluding height), and mostly involves relatively low-precision (meter-order) accuracy due to the use of GNSS single positioning with code pseudorange observable, because the AIS data are mainly used for maritime traffic safety and trade statistics.
There is also observable data which is collected from various sources such as competitor pricing data, advertising campaigns etc.
Sometimes observed-cluster inference may be of interest even when missing data are potentially observable.
Discrepancies in the bovine-human ratio with array data and the semi-quantitative RT-PCR data are also observable.
Because data is valuable.
Silver himself didn't because he's a political data scientist, and there simply weren't any observable data points available accurately indicating Trump's prospects.
Expert elicitations are limited because they are based on perception, not on observable data.
He emphatically dismisses this conception as an unfruitful and meaningless speculation, because, as he says, the aim of physics is only to describe observable data.
That's important, because HFQ and low latency change the nature of observable data when liquidity suppliers use short-lived order and mixed-equilibrium strategies by injecting endogenous noise into the order flow to hide their information.
The method generally assumes that properly formed theories are conjectures intended to explain a set of observable data.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com