Question: Use the information given in Table 9.38 with ???????????????????? = 1208 and ???? = 234 to answer the following questions. (a) Determine the value of

Use the information given in Table 9.38 with ???????????????????? = 1208 and ???? = 234 to answer the following questions.

(a) Determine the value of SSE for each of the 11 models that were fit.

(b) Determine the BIC value for each of the 11 models that were fit.

(c) Which model has the highest BIC value?

(d) If there is no scientific reason to include any particular explanatory variable in the final model, is there any reason to use a model with more than eight variables?

Explain.

(e) If any two models with BIC values differing by less than 2 are not practically different, which model having the fewest variables is the best model?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Biostatistics Questions!