Using the Cp statistic in model building, all models with Cp c (k + 1) are equally good.

Name: Using the Cp statistic in model building, all models with Cp c (k + 1) are equally good.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The Cp statistic is used to compare models, and a model with Cp close to (k + 1) is considered good, but not all models with Cp equal to (k + 1) are equally good. The goal is to find a model with the smallest Cp value that is close to (k + 1).

Using the Cp Statistic in Model Building, All Models with Cp