1. Remove variables from the Red Bull model based on: Does it improve adjusted R2? Does it...
Fantastic news! We've Found the answer you've been seeking!
Question:
1. Remove variables from the Red Bull model based on:
- Does it improve adjusted R2?
- Does it have a insignificant p-value?
- Is it associated with the response by itself?
- Is it strongly associated with another explanatory variables? (If yes, then including both may be redundant) Does common sense say it should contribute to the model?
2. What would you eliminate from the model?
3. Which marketing channels would you prioritize and why?
Related Book For
Applied Regression Analysis and Other Multivariable Methods
ISBN: 978-1285051086
5th edition
Authors: David G. Kleinbaum, Lawrence L. Kupper, Azhar Nizam, Eli S. Rosenberg
Posted Date: