Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Find datasets from WEB create a business case/ scenario for MLR and change the headers and numbers slightly. Do not forget the final model performance

Find datasets from WEB

create a business case/ scenario for MLR and change the headers and numbers slightly. Do not forget the final model performance is mostly dependent on selected dataset.

2. Do not use too many random created numbers in the model as inputbecause their correlation (and your model performance will be low) will be lower with the dependent (target variable of the model) variable.

3. Split the dataset into two parts 70% train - 30% test.

4. Use train dataset to obtain final model formula and final inputs, use stepwise approach (clean one parameter at a time)

5. Use normalized dataset with final inputs to examine variable importance.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Geometry A Comprehensive Course A Comprehensive Course

Authors: Dan Pedoe

1st Edition

0486131734, 9780486131733

More Books

Students also viewed these Mathematics questions