When a stepwise procedure is used, a variable selected at an earlier step can be removed from the model if, in the presence of other variables, it no longer contributes significantly to explaining the variation in the dependent variable y.
Correct Answer:
Verified
Q2: When two or more of the predictor
Q11: Multicollinearity will result in excessively low standard
Q12: When multicollinearity is present, the estimated regression
Q14: Multicollinearity is a situation in which two
Q26: A dummy or indicator variable is a
Q27: Stepwise regression is a statistical technique that
Q36: The stepwise regression analysis is best used
Q38: Stepwise regression analysis is most useful when
Q146: In constructing a multiple regression model with
Q148: Three qualitative variables need to be incorporated
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents