A stepwise regression technique where a model considers deleting variables currently in the model, ...

A stepwise regression technique where a model considers deleting variables currently in the model, and then considers adding an independent variable that is not in the model is called ________.

A) forward selection
B) backward selection
C) backward elimination
D) general stepwise

Q. 2

When a survey is done you can always assume that non-respondents would have answered the same way as those who did respond.

Indicate whether the statement is true or false

Q. 3

Which of the following contains the Trials Tab that allows an individual to choose the number of times that Crystal Ball generates assumptions for the assumption cells in the model and recalculates the entire spreadsheet?

A) the Correlation matrix in the More Tools group
B) the Run preferences item from the Run group
C) the Custom item from the Assumptions group
D) the Cell Preferences tab on the main ribbon

Q. 4

Why is it important to consider all the independent variables together in one model, rather than in separate simple linear regression models?

What will be an ideal response?

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A stepwise regression technique where a model considers deleting variables currently in the model, ...

Statistics, Data Analysis, and Decision Modeling

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