How does the computational time changes when we decrease the k
in k-fold cross validation? Why? Explain.
b. In which procedures, we can apply k-fold cross validation.
Consider all the procedures that we learned.
[USING R & dataset “Boston”] Using the leave-one-out
cross-validation and 5-fold cross-validation techniques to compare
the performance of models in (a) and (b) with:
(a) SalesPredict <- lm(Sales ~ Price + Urban + US, data =
Carseats)
(b) SalesRevise <- lm(Sales ~ Price + US, data =
Carseats)
Hint: Functions update (with option subset) and predict.
Verification and Validation of Simulation Models
3. How to build a model that is well connected with the
verification and validation process?
4. What is meant by calibration, and what is the process of
calibration so that it can obtain a model that means to be used for
simulation?
For a random sample of 20 automobile models, we record the value of
the model as a new car and the value after the car has been
purchased and driven 10 miles.1 The difference between
these two is a measure of the depreciation on the car just by
driving it off the lot. Depreciation values from our
sample of 20 automobile models can be found in the dataset
CarDepreciation.
Click here for the dataset associated with this question.
(a) Find...