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Hi, please help me with this! (a) How does backward selection conduct variable selection? List also two of its drawbacks. (3p) (b) Why is simply

Hi, please help me with this!

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(a) How does backward selection conduct variable selection? List also two of its drawbacks. (3p) (b) Why is simply picking the model which gives the largest value of R2 not a good idea with respect to variable selection? (1p) (c) The following plot shows the LASSO coeicient proles in a regression problem with a response variable 3.5- and the explanatory variables .17,:1!,-2, 17,13, 3:\

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