Which of the following is/are true about the best regression models?
A) They have relatively few predictors.
B) They have a relatively high R2 value.
C) They have predictors that are reliably measured and relatively unrelated to each other.
D) They have no cases with extraordinarily high leverage that might dominate and alter the model.
E) All of the given statements are true.

Question

Quizplus · Accepted Answer

All of the given statements are true about the best regression models. The best models have a small set of predictors, a high R2 value, independent and reliable predictors, and no cases with excessively high leverage that could dominate and modify the model.

Which of the Following Is/are True About the Best Regression