Trying many variables in a regression without basing the selection of candidate variables on a financial or economic theory is popularly referred to as
A) Data fitting
B) Data clipping
C) Data mining
D) None of the above

Question

Quizplus · Accepted Answer

This approach is referred to as data mining, which involves extensively searching through data to find patterns or relationships without initially basing the search on established theories or hypotheses.

Trying Many Variables in a Regression Without Basing the Selection