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Ways of validating regression model

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Reference no: EM131802096

1. Which of the following are ways of validating a regression model?

a. Collect new data and compare the results

b. Validate the model by using the data that was used to develop it

c. Compare the results of the regression model to previous results

d. If the data set is large, split the data into two parts and cross-validate the results

2. You read the article regarding Chinese firms’ investment in Africa. Which of the following is NOT the strategic goal that Chinese companies pursue by investing in African countries?

Innovation Seeking

Market Seeking

Efficiency Seeking

Natural Resource Seeking

Reference no: EM131802096

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