Model’s Flexibility - Cubic Spline - polynomial - Regression Model Assignment Help

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Model’s Flexibility Assignment Help

Assignment Task: Two questions for you. Consider two regression models. One is a natural cubic spline with 15 degrees of freedom. Another one is a degree-14 polynomial (with 15 degrees of freedom). What would we expect to see in terms of the fit around the boundary (where predictor values are very small or very large.) & Is there a relationship between the number of cuts of step functions and the model’s flexibility? If so, please explain.
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