Question #8

Reading: Reading 3 Machine Learning

PDF File: Reading 3 Machine Learning.pdf

Page: 3

Status: Unattempted

Correct Answer: A

Question
Overfitting is least likely to result in:
Answer Choices:
A. higher number of features included in the data set
B. higher forecasting accuracy in out-of-sample data
C. inclusion of noise in the model
Explanation
Overfitting results when a large number of features (i.e., independent variables) are included in the data sample. The resulting model can use the "noise" in the dependent variables to improve the model fit. Overfitting the model in this way will actually decrease the accuracy of model forecasts on other (out-of-sample) data.
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