The variable selection procedure that identifies the best regression equation, given a specified number of independent variables, is _____.
A) stepwise regression
B) forward selection
C) backward elimination
D) best-subsets regression

Question

Quizplus · Accepted Answer

Best-subsets regression evaluates all possible combinations of variables to identify the best model for a specified number of independent variables, unlike stepwise, forward selection, or backward elimination methods which add or remove variables based on statistical criteria in a stepwise manner.

The Variable Selection Procedure That Identifies the Best Regression Equation