Question: In this exercise, you will further analyze the Wage data set considered throughout this chapter. (a) Perform polynomial regression to predict wage using age. Use
In this exercise, you will further analyze the Wage data set considered throughout this chapter. (a) Perform polynomial regression to predict wage using age. Use cross-validation to select the optimal degree d for the polynomial. What degree was chosen, and how does this compare to the results of hypothesis testing using ANOVA? Make a plot of the resulting polynomial fit to the data. 324 7. Moving Beyond Linearity (b) Fit a step function to predict wage using age, and perform crossvalidation to choose the optimal number of cuts. Make a plot of the fit obtained
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