Which of the Following Is the Difference Between Forward Selection

question 92

Multiple Choice

Which of the following is the difference between forward selection and standard stepwise regression?

• A)In the standard stepwise regression,variables that were added at earlier steps can be removed at later steps,which is not the case with forward selection.
• B)The standard stepwise approach will generally produce a regression model with a higher R-square value than the forward selection approach.
• C)Forward selection begins by selecting the variable with the highest correlation with the dependent variable and then proceeds to select subsequent variables in order of their F-to-enter value,while standard stepwise selects the variables in the order specified by the decision maker and then removes them from the model as needed.
• D)There are no appreciable differences between the two methods,just different names for the same technique.

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Definitions:

Year-to-Year Comparison

An analysis method comparing financial or operational performance of a company between two or more consecutive years to assess growth or decline.

Barriers to Entry

Obstacles that make it difficult for a new competitor to enter a market.

Mature Industry

An industry that has experienced long-term growth and is characterized by stability, a slow rate of growth, and fewer opportunities for new entrants.

Substitute Products

Goods or services that can replace or serve as alternatives to another product, affecting its demand and market.