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__________ Refers to the Data Set Used to Compare Model

question 5

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__________ refers to the data set used to compare model forecasts and ultimately pick a model for predicting values of the dependent variable.


Definitions:

Lucidity

The quality of being easily understood, completely intelligible, or comprehensible.

Taking Responsibility

The action of acknowledging and accepting the choices one has made, the actions one has taken, and the results thereof.

Accountable

Accountable means being responsible or answerable for actions or decisions, both in terms of the processes followed and the outcomes achieved.

Liable

Legally responsible or obligated, often referring to the duty to compensate for harm or damage caused.

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