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Monitor Production Model Degradation

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Your question is Monitor Production Model Degradation. Take a moment with it on the right.

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Problem

Scenario

You are responsible for a model that is already live in production, and the business wants to know when it starts to drift or degrade. The team needs a practical monitoring and alerting plan, not a one-time offline evaluation.

Question

How would you monitor and alert on model degradation in a production environment?