Mathematics
8 years ago

New information criteria revolutionize model selection in linear regression.

Korean Journal of Applied Statistics
On Information Criteria in Linear Regression Model
Man-Sik Park

Paper Summary

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The goal of the study was to find the best model among several options by using information criteria. These criteria help to see how well a model fits the data while keeping it simple. The researchers modified existing criteria and tested them in simulations and real-life examples. They found that these modified criteria can help choose the most accurate and simple model for a given dataset.