Examlex
To examine the local housing market in a particular region, a sample of 120 homes sold during a year are collected. The data are given below:
Partition the data into training (50 percent), validation (30 percent), and test (20 percent) sets. Predict the sale price using multiple linear regression. Use Sale Price as the output variable and all the other variables as input variables. To generate a pool of models to consider, execute the following steps. In Step 2 of XLMiner's Multiple Linear Regression procedure, click the Best subset option. In the Best Subset dialog box, check the box next to Perform best subset selection, enter 6 in the box next to Maximum size of best subset:, enter 1 in the box next to Number of best subsets:, and check the box next to Exhaustive search.
a. From the generated set of multiple linear regression models, select one that you believe is a good fit. Express the model as a mathematical equation relating the output variable to the input variables.
b. For your model, what is the RMSE on the validation data and test data?
c. What is the average error on the validation data and test data? What does this suggest?
Edward Snowden
A former National Security Agency contractor who leaked thousands of classified documents to the press, revealing extensive global surveillance programs.
Department of Homeland Security
A federal agency established to secure the United States against threats, including terrorist attacks, natural disasters, and other emergencies.
Border Safety
Measures and policies implemented to protect a country's borders against illegal crossings, trafficking, and to ensure the security of its citizens.
Emergency Preparedness
The process of planning and implementing actions to prevent, respond to, and recover from natural disasters, accidents, or terrorist attacks.
Q6: Which of the following states the objective
Q6: A bank wants to understand better the
Q6: A patient who develops cancer later in
Q7: The parameter R in an exponential utility
Q9: Copper accumulates in the liver in Wilson
Q12: Which of the following over-the-counter supplements would
Q22: In the Bass forecasting model, the _
Q22: In a fixed-cost model, each fixed cost
Q26: The process of making conjecture about the
Q32: _ is a generalization of linear regression