Hello,
I have a nominal response variable which can have two states 1 and 0 and 6 input variables (numeric, continuous). How can I find the best model to predict my response variable? This is probably a very broad question but I would like to understand the process of getting and building the best model for my response variable.
So some of the questions I have are the following:
1.) How do I know if I should use Partition or Fit Model?
2.) When I use Regression (Fit Model), how do I know which Macros to use? Full Factorial, Polynomial to Degree, etc.? To which degree? The higher the better?
3.) What about the personality? Should I use Nominal Logistic or Stepwise Regression?
As you can see I am a beginner in building predictive models and would like to understand the process or maybe there is guide that I can follow to build the best model for my data.
Thanks.