In Stepwise Regression Procedure, What Occurs If Two Independent Variables

question 40

Multiple Choice

In stepwise regression procedure, what occurs if two independent variables are highly correlated?

• A) Both variables will enter the equation.
• B) Only one variable will enter the equation.
• C) Neither variable will enter the equation.
• D) A third variable equal to their sum will replace them in the equation.

---

Definitions:

Just-in-time Scheduling

A strategy used in manufacturing and production that aligns raw-material orders from suppliers directly with production schedules to reduce inventory costs.

Lazy Managers

Describes managers who avoid work and responsibilities, often causing inefficiency and dissatisfaction within the team or organization.

Value Chain Management

The process of organizing all activities involved in creating and delivering a product or service to maximize value and competitive advantage.

Input-through-output Process

A method or procedure in which inputs are transformed into outputs through a series of steps or activities, often in a production or operational context.