Solve it correctly please. I will rate accordingly with multiple votes. Typed answer only and fast answer. Don't stuck. Show all work and explanation.

True or False. If your answer is False, correct the sentence.

1. As the sample size n increases, flexible models will have better prediction than inflexible models because model bias decreases.

2. Before performing the subset selection, we must standardize independent variables Xj , j = 1, . . . , p.