Question: Some statisticians prefer complex models, models that try to fit the data as closely as one can. Others prefer a simple model. They claim that
Some statisticians prefer complex models, models that try to fit the data as closely as one can. Others prefer a simple model. They claim that although simpler models are more remote from the data yet they are easier to interpret and thus provide more insight. What do you think? Which type of model is best to use?
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