Question: An engineer tries three different methods for selecting a linear model. First she uses an informal method based on the F statistic, as described in

An engineer tries three different methods for selecting a linear model. First she uses an informal method based on the F statistic, as described in Section 8.3. Then she runs the best subsets routine, and finds the model with the best adjusted R2 and the one with the best Mallows Cp. It turns out that all three methods select the same model. The engineer says that since all three methods agree, this model must be the best one. One of her colleagues says that other models might be equally good. Who is right? Explain.

Step by Step Solution

3.29 Rating (175 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

The colleague is right The mod... View full answer

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 Statistics Engineers Scientists Questions!