Project Model

Project Model Suppose you have thirty possible explanatory variables (continuous or binary), and you need to predict sales response (multiple linear regression) or the probability of responding to the promotion (logistic regression). Your manager, who has read a few articles about statistical modeling but is not himself a statistician or analyst, says, "Before you make a recommendation about what we should do about direct marketing and targeting, I want you to check all possible models to see which one is the best." When you tell him that this would be a difficult, almost impossible thing to do or that it may take a very long time, he says, "That's what we have the computers for. Just have the computers to do the work. Let me know what you find out by the end of the week." So there you have it: Your job for this week is to check all possible regression models and select the very best to report to management. How would you do this? How would you go about finding or picking the best possible model? PLACE THIS ORDER OR A SIMILAR ORDER WITH US TODAY AND GET AN AMAZING DISCOUNT :)