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Exam (elaborations)

ISYE 6501 - Midterm 2, Exam Questions and answers. Rated A+

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ISYE 6501 - Midterm 2, Exam Questions and answers. Rated A+ when might overfitting occur when the # of factors is close to or larger than the # of data points causing the model to potentially fit too closely to random effects Why are simple models better than complex ones less data is required; less chance of insignificant factors and easier to interpret what is forward selection we select the best new factor and see if it's good enough (R^2, AIC, or p-value) add it to our model and fit the model with the current set of factors. Then at the end we remove factors that are lower than a certain threshold

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Uploaded on
August 18, 2023
Number of pages
16
Written in
2023/2024
Type
Exam (elaborations)
Contains
Questions & answers

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