Stepwise regression is an iterative procedure that:
A) adds one independent variable at a time.
B) deletes one independent variable at a time.
C) adds one dependent variable at a time.
D) deletes one dependent variable at a time.
E) Both A and B are correct.

Question

Quizplus · Accepted Answer

Stepwise regression is an iterative method used in statistical analysis that involves both adding and deleting independent variables one at a time based on certain criteria, such as the statistical significance of their coefficients. This process helps in identifying a model that best fits the data while avoiding overfitting or underfitting.

Stepwise Regression Is an Iterative Procedure That