Question: Recall Example 7.12. The full data set related to CEO compensation is contained in Appendix D. (See p. 517.) Use stepwise regression to select the

Recall Example 7.12. The full data set related to CEO compensation is contained in Appendix D. (See p. 517.) Use stepwise regression to select the "best" model with k 3 predictor variables. Fit the stepwise model and interpret the estimated coefficients. Examine the residuals. Identify and explain any influential observa- tions. If you had to choose between this model and the k = 2 predictor model discussed in Example 7.12. which one would you choose? Why?

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