An analyst selects a model as a champion because it shows better model fit than a competing model with more predictors. which statistic justifies this rationale?

The correct answer is: The Akaike information criterion (AIC).

Explanation:

Named after Japanese mathematic Hirotugu Akaike (1927-2009), the Akaike Information Criterion (AIC) is a relative quality statistical model that estimates the quality of a model based on the quality of others based on the amount of information the model losses: the lesser, the higher quality.

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.