Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

Question: a. If you want to be sure to get the best predictions, why not include among your X variables every conceivably helpful variable you can think of?

b. How can a prioritized list help you solve the variable selection problem?

c. Briefly describe two automatic methods for variable selection?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M92639241

Have any Question?


Related Questions in Statistics and Probability

What is the appropriate statistical analysis to use t-test

What is the appropriate statistical analysis to use: t-test for two independent samples, t-test for dependent samples, ANOVA, or chi-square test of independence? Please identify and explain why it is appropriate. (a) A s ...

Large purple dress inc has some bond outstanding with a 625

Large purple dress INC. HAS SOME BOND OUTSTANDING WITH A 6.25% COUPON AND FOUR YEARS REMAINING UNTIL maturity. Since these bond were issued, interest rates has increased, these bonds are now trading at a 7.375% YTM. Reme ...

Military often provides a form of qualification test for

Military often provides a form of qualification test for people to enter special career fields. Suppose that a large number of people have taken a test for a certain career field. Suppose that the mean of all people taki ...

In a certain city a school administrator hypothesized that

In a certain city, a school administrator hypothesized that students enroll in school within 5 km from their homes. To check this claim you asked 30 student from the said city and you found that the mean distance between ...

A in how many ways can 5 men and women stand in a queue in

(a) In how many ways can 5 men and women stand in a queue in such a way that no two women stand together and no two men stand together? (b) A librarian wants to put 30 different books on 3 shelves, 10 books on each shelf ...

You know that the price of sunland inc stock will be 36

You know that the price of Sunland, Inc., stock will be $36 exactly one year from today. Today the price of the stock is $34. Determine what must happen to the price of Sunland, Inc., today in order for an investor to ge ...

A researcher conducts a hypothesis test using a sample from

A researcher conducts a hypothesis test using a sample from an unknown population. If the t statistic has df = 35, how many individuals were in the sample?

You work for a firm that manufactures dvd players your dvd

You work for a firm that manufactures DVD players. Your DVD players last an average of 800 days with a standard deviation of 200 days. You want to set the warranty length such that you only have to replace 1.5% of all th ...

In an intro psychology class all 83 students have completed

In an Intro Psychology class, all 83 students have completed an aggression rating scale. The possible ratings range from 1-7 with low scores indicating low aggression. Results showed that the average rating was 4.23 with ...

A customer service phone line claims that the wait times

A customer service phone line claims that the wait times before a call is answered by a service representative is less than 3.3 minutes. In a random sample of 62 calls, the average wait time before a representative answe ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As