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When to establish boundaries for MLTK based alerts?

SMM10
Explorer

I was working in the MLTK, very new to it and exploring. I was working to establish a few searches where I will fit a algorithm and then apply it to identify if any values out of a set boundary and then alert on that. I have two question from this.

 

Is this a valid use case or not so much?

I have a predicted value after my fit but, its too close to my actual values so I was thinking of doing something like(+ or - depending on need):

eval bound = (predictedavg - (stdev * 3))

 Would it be more beneficial to calculate this in the fit search or when applying the model?

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