Examlex
Discuss the premise of the classical model of decision making.
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.
Stepwise Regression
A statistical method of building a model by adding or removing predictors based on their statistical significance.
Independent Variable
A variable in an experiment that is manipulated or changed by the researcher to observe its effects on the dependent variable.
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