What Does the Principle of Parsimony Suggest

question 75

Multiple Choice

What does the principle of parsimony suggest?

• A)A simple model with fewer independent variables may not produce an effective result.
• B)The fewest number of explanatory variables that explain the independent variable need to be included in the model.
• C)Good regression models are often based on sound technical analysis.
• D)To avoid the problem of multicollinearity,the number of independent variables need to be sufficiently high.

---

Definitions:

Bulimia Nervosa

An eating disorder characterized by binge eating followed by purging.

Eating Disorder

A mental disorder defined by abnormal eating habits that negatively affect a person's physical or mental health, such as anorexia or bulimia.

Body Dysmorphic Disorder

A mental health disorder characterized by obsessive thinking about a perceived flaw in appearance, even if the flaw is minor or not observable to others.

Weight Loss

The reduction of the total body mass, due to a mean loss of fluid, body fat or adipose tissue, and/or lean mass.