The Statistical Implication of Using a Parsimony Heuristic Is

question 10

Multiple Choice

The statistical implication of using a parsimony heuristic is:

• A)Predictors are not included unless they have explanatory benefit.
• B)Models should be as complex as possible.
• C)Model parameters should be estimated using maximum likelihood methods.
• D)Iterative estimation should be used.

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Definitions:

Explanatory Variables

Variables in a statistical model that are used to explain changes or variations in a response variable.

Regression Model

A statistical technique used to model and analyze the relationships between a dependent variable and one or more independent variables.

Pairwise Relationship

The type of analysis or comparison made between pairs of objects, observations, or data points to assess their significance or relation.

Scatterplots

Graphical representations where two variables are plotted along two axes, revealing any relationships or patterns between them.