Better model? Joe wants to impress his boss. He builds a regression model to predict sales that
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Better model? Joe wants to impress his boss. He builds a regression model to predict sales that has 20 predictors and an R2 of 80%. Sally builds a competing model with only 5 predictors, but an R2 of only 78%. Which model is likely to be most useful for understanding the drivers of sales? How could the boss tell? Explain.
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Related Book For
Stats Data And Models
ISBN: 9780135163825
5th Edition
Authors: Richard D De Veaux, Paul F Velleman, David E Bock
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