Which of the Following Statements About Stepwise Regression Is True

question 12

Multiple Choice

Which of the following statements about stepwise regression is true?

• A) It only uses dependent variables and adds them one by one.
• B) It uses independent variables with insignificant regression coefficients.
• C) It is a step-by-step method that adds independent variables one by one in order to build a more efficient regression equation.
• D) It first selects the independent variable with the weakest correlation first.

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Definitions:

Venture Capital-Backed

Describes businesses that have received funding from venture capitalists, who invest in startups with high growth potential in exchange for equity.

Harvest

In a business context, refers to the act of selling off or extracting value from an investment at a profit.

Original Investment

The initial sum of money put into a project, business, or financial asset.

Venture Growth

The process of expanding a business venture in terms of operations, market share, and profitability.