Question: If you are building a regression equation in a forward stepwise manner, that is, by adding one variable at a time, explain why it is

If you are building a regression equation in a forward stepwise manner, that is, by adding one variable at a time, explain why it is useful to monitor the adjusted R2 and the standard error of estimate. Why is it not as useful to monitor R2?

Step by Step Solution

3.41 Rating (157 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Monitoring Rsquares isnt much help because Rsquare can ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

1209-M-S-D-A(8860).docx

120 KBs Word File

Students Have Also Explored These Related Statistics Questions!