I have a dataset of 300 observations with 7 predictor variables with 1 continuous response variable. The response is strongly skewed to the right and there are no significant correlations among any of the predictors or the response. I have attempted several different models including XGBoost, random forests, etc. Even transforming of the response hasn't helped. Any advice on how one should approach a problem like this would be greatly appreciated.
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$\begingroup$ It seems 7 predictors have no relation with response variable. Given there really is no relation, the statistical methods can not create the relation. $\endgroup$– user158565Commented Jul 13, 2019 at 23:38
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$\begingroup$ What is the response measuring? Is it a count, an amount of money, the size of something, a concentration, an angle, ...? $\endgroup$– Glen_bCommented Jul 14, 2019 at 0:34
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$\begingroup$ Sorry didn't clarify that. The response is proportions between 0 and 1 with most values falling close to 0 and the max being around .14. $\endgroup$– Jeff StatsCommented Jul 14, 2019 at 0:59
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