Standard Stepwise Regression Is a Good Way of Identifying Potential

question 110

True/False

Standard stepwise regression is a good way of identifying potential multicollinearity problems since we are able to see the impact on the model at each step that occurs when a new variable is added to the model. For instance, if bringing in a new variable causes the sign to change on a previously entered variable, we have evidence of multicollinearity.

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Definitions:

Sociology

The study of social behavior, society, patterns of social relationships, social interaction, and culture that surrounds everyday life.

Major Contribution

A significant addition or enhancement made by an individual or group in a particular field or area of study.

Social Factors

Social factors are elements within a society that influence the behavior, preferences, and attitudes of its members, such as family, education, and income levels.

Sociological Perspective

A viewpoint in sociology that involves looking at social phenomena from a broad scale to see how people's behaviors are shaped by the society surrounding them.