The accompanying data file contains weekly data on crew size (the number of workers) and productivity (jobs/week)

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The accompanying data file contains weekly data on crew size (the number of workers) and productivity (jobs/week) over the past 27 weeks. A linear regression model and a quadratic regression model are considered for predicting productivity on the basis of crew size. 

a. Use the holdout method to compare the predictability of the models using the first 18 observations for training and the remaining 9 observations for validation. 

b. Use the k-fold cross-validation method to compare the predictability of the models using k = 3.

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Business Analytics Communicating With Numbers

ISBN: 9781260785005

1st Edition

Authors: Sanjiv Jaggia, Alison Kelly, Kevin Lertwachara, Leida Chen

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