BANA 2082 Study Guide - Quiz Guide: Overfitting, Dependent And Independent Variables, Prediction Interval
8 Nov 2020
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Fitting a model too closely to sample data, resulting in a model that does not accurately reflect the population is termed as _____. Answer: overfitting: assessing the regression model on data other than the sample data that was used to generate the model is known as _____. Answer: cross-validation: _____ is the data set used to build the candidate models. Answer: training set: ______ refers to the data set used to compare model forecasts and ultimately pick a model for predicting values of the dependent variable. Answer: validation set: a _____ is an interval estimate of an individual y value, given values of the independent variables.
