(A)Summarize the Findings of the Stepwise Regression Method Using This

question 43

Essay

(A)Summarize the findings of the stepwise regression method using this cutoff value.
(B)When the cutoff value was increased to 0.10,the output below was the result.The table at top left represents the change when the disposable income variable is added to the model and the table at top right represents the average price variable being added.The regression model with both added variables is shown in the bottom table.Summarize the results for this model.
(C)Which model would you recommend using? Why?

---

Definitions:

Tertiary

Relating to the third level or stage of something; in education, it refers to post-secondary education such as universities and colleges.

Normative Approach

An aspect of ethics that concerns the criteria of what is right or wrong, focusing on the moral standards that guide behavior within a society or organization.

Stakeholder Demands

The expectations or requirements that individuals or groups with an interest or stake in an organization seek to be fulfilled or addressed.

Stakeholder Demands

The needs or expectations that individuals or groups with an interest in an organization's activities have regarding the organization's performance or conduct.