In constructing a multiple regression model with two independent variables x1 and x2 it was known that the correlation between x1 and y is .75, and the correlation between x2 and y is .55 . Based on this information, the regression model containing both independent variable will explain 65 of the variation in the dependent variable y.
Indicate whether the statement is true or false
Question 2
Stepwise regression is a statistical technique that is always implemented when developing a regression model to fit a nonlinear relationship between the dependent and potential independent variables.
Indicate whether the statement is true or false