Asked by Dusty Dawson on Jun 24, 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 that involves automatically adding or removing predictor variables to a model to optimize some criterion.
Multiple Regression
A statistical technique analyzing the relationship between one dependent variable and two or more independent variables, allowing for the assessment of individual contributions of predictors.
- Explain the purpose and process of stepwise regression analysis.
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Learning Objectives
- Explain the purpose and process of stepwise regression analysis.
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