What is the minimal adequate model and why do we build it

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Reference no: EM131902704

Assignment

1. Identify the dependent variable and independent variables in the imports-85 data set.

2. this week about multiple linear regression, provide a one-paragraph masters-level response describing what you anticipate that the lm algorithm will accomplish for the imports-85 data? Be specific about the behavior and structure of multiple linear regression model.

3. What is the minimal adequate model? Why do we build it? Provide a one-paragraph, masters-level response.

4. Is the multiple linear regression method appropriate for predicting the values of dependent variables in the imports-85 dataset? Explain why or why not. Provide a one-paragraph, masters-level response.

Attachment:- Imports.rar

Reference no: EM131902704

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