In comparing two different regression models that were developed using the same data, we might say that

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In comparing two different regression models that were developed using the same data, we might say that the model with the higher R2 value will provide the most accurate predictions. Is this true? Why or why not?

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Spreadsheet Modeling & Decision Analysis A Practical Introduction to Management Science

ISBN: 978-0324656633

5th edition

Authors: Cliff T. Ragsdale

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Question Posted: Nov 03, 2012 06:20 AM

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In comparing two different regression models that were developed using the same data, we might say that

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The model with the highest R 2 might actually overfit the data and not provide accurate predi...View the full answer

Spreadsheet Modeling & Decision Analysis A Practical Introduction to Management Science

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