Question

Which model seems a better model.A or B? And at which metric do you look to decide? PLEASE SELECT ALL THE CORRECT ANSWERS! Note that the best way to decide on the model (predictive) performance is to test it on an unseen dataset (has nothing to do with the question). MODELA: 143321461 0.097183768 4216564 350 0.215451 3.504113 0.215451 0.0413 16722856 0451 0.414712 511 303993240311319753 MODELB: 1400 19.01482T 10GOLS 0.2934921865791 0 5 18.657980 .66965 20146 045 02 333241646 31 2 95646 4 325 0.00135 2 6 32566 01491 100101101634705151431531

Answer 1

A) Model A
D) Adjusted R²

The best model is selected with adjusted R2 and the number of variables involved in the model.

There is not much difference in the value of the adjusted R square between model A and model B. But model a has only three independent variables however model B has 6 independent variables associated with it. And a lot of time, effort, and cost is saved in model A as compared to model B. Hence model A is considered to be a better model in comparison to model B.