Examlex
Which of the following would be an external stakeholder of a firm?
Multiple Regression Analysis
A statistical strategy that employs a selection of explanatory variables to predict the outcome of a variable of interest.
Stepwise Regression
A method of regression analysis in which the selection of predictive variables is carried out by an automatic procedure.
Backward Elimination
A stepwise regression technique used in statistical analysis to select significant variables by starting with all variables and successively removing the least significant ones.
Forward Selection
A stepwise regression method where variables are added one by one to the model based on their statistical significance.
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