The Primary Use of Stepwise Regression Is to Identify the Most

question 147

Multiple Choice

The primary use of stepwise regression is to identify the most important ___________ that should be included in the multiple regression model.

• A)Independent variables
• B)Dependent variables
• C)Dummy variables
• D)Quadratic variables

---

Definitions:

Liability

A financial obligation or debt owed by a company or individual to another entity, payable in money, goods, or services.

Account Type

Categories under which financial transactions are recorded, such as assets, liabilities, equity, revenue, and expenses.

Prepaid Rent

Expenses paid in advance for the use of property or equipment that is recorded as an asset until the period it benefits.

Balance Sheet

A financial outline showing the holdings, debts, and the portion belonging to shareholders of a company on a certain date.