Which definition best describes parsimony?
A)Explaining the most with the least
B)Explaining the least with the most
C)Being able to explain all of the change in the response variable
D)Being able to predict the value of the response variable far into the future

Question

Quizplus · Accepted Answer

Parsimony refers to the principle of explaining phenomena in the simplest way possible, using the fewest assumptions. It is often summarized as "the simplest explanation is usually the correct one." This means explaining the most phenomena with the least complicated theory or model, which aligns with choice A.

Which Definition Best Describes Parsimony