What is meant by stepwise thinking how is it done... | Filo

SOLVED: Based on the various stepwise approaches for selectingan excellent (if not optimal) fitted multiple regression model,which one approach would you select if you had to explain to aclient what your chosen model is and what approach you used toobtain it?Foward Selection modeling, Backward eliminationmodeling, or Mixed method

Multicollinearity in Regression Analysis: Problems, Detection, and Solutions