Question: For the situation, data, and variables described in Exercise 17.16, perform conventional multiple regression and stepwise regression analyses on the data, then compare the results
In exercise
Auto Rental News has reported U.S. operations data for 15 top rental-car companies. Using data file XR17016, with y = rental revenue (millions of dollars), x1 = thousands of cars in service, and x2 = number of rental locations:
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The correlation matrix for the variables is shown below followed by the results of the conventional ... View full answer
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