Question: By using stepwise regression approach to build model. The following is the results when running Y~X1+X2+X3, Y~X1+X2+X3. Which of the following statement is incorrect? X1+X2+X3

By using stepwise regression approach to build model. The following is the results when running Y~X1+X2+X3, Y~X1+X2+X3. Which of the following statement is incorrect? X1+X2+X3 X1+X2+X4 b3 0.130 0.052 tstatistic -2.225 0.93 pvalue 0.036 0.363 0 X4 is not signicant in the model Y~X1+X2+X4 O Select X4 as the third independent variable in the model since it has the larger t-statistic value. Select X3 as the third independent variable in the model since it has the larger absolute value of t-statistic. 0 Select X3 as the third independent variable in the model since it has the smaller pvalue
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