Asked by Emily Faith on May 08, 2024
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What is stepwise regression,and when is it desirable to make use of this multiple regression technique?
Stepwise Regression
A method of regression analysis in which the choice of predictive variables is carried out by an automatic procedure, either by adding or removing variables step by step.
Multiple Regression
A statistical technique used to model the relationship between two or more independent variables and a dependent variable by fitting a linear equation to observed data.
- Acquire knowledge on the method and goal of stepwise regression.
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Learning Objectives
- Acquire knowledge on the method and goal of stepwise regression.
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