You are considering four independent variables for

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Reference no: EM13606607

You are considering four independent variables for inclusion in a regression model. You select a sample of 30 observations, with the follwings results:

1. The model that includes independent variables A and B has a Cp value equal to 4.6.

2. The model that includes independent variables A and C has a Cp value equal to 2.4.

3. The model that includes independent variables A, B, and C has a Cp value equal to 2.7.

a. Which models meet the criterion for further consideration?

b, How would you compare the model that contains independent variables A,B, and C to the model that contains independent variables A and B?

Reference no: EM13606607

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