Question: Suppose you are evaluating a new strategy from a quant trading analyst, who claims to have discovered a new high - frequency equity arbitrage opportunity

Suppose you are evaluating a new strategy from a quant trading analyst, who claims to have discovered a new high-frequency equity arbitrage opportunity uncovered using multi-tiered recursive neutral networks (RNN). Reflecting on what we have learning from ML/AI in investments, what should your first question be? A) how many hidden layers does the network have? b) what data went into the model c) what is the in-sample performance?

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