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Which of the Following Statements Is True

question 60

Multiple Choice

Which of the following statements is true?


Definitions:

Multiple Regression Analysis

A statistical strategy that employs a selection of explanatory variables to predict the outcome of a variable of interest.

Stepwise Regression

A method of regression analysis in which the selection of predictive variables is carried out by an automatic procedure.

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.

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