Ask Question
16 February, 17:47

An analyst selects a model as a champion because it shows better model fit than a competing model with more predictors. Which statistic justifies this rationale?

+1
Answers (1)
  1. 16 February, 19:09
    0
    The correct answer is: The Akaike information criterion (AIC).

    Explanation:

    Named after Japanese mathematic Hirotugu Akaike (1927-2009), the Akaike Information Criterion (AIC) is a relative quality statistical model that estimates the quality of a model based on the quality of others based on the amount of information the model losses: the lesser, the higher quality.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “An analyst selects a model as a champion because it shows better model fit than a competing model with more predictors. Which statistic ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers