Create a forecast model, When one of multiple independent

Create a forecast model

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Reference no: EM131888190

When one of multiple independent variables (X) does not meet the requirements for statistical significance (confidence) between X and Y, what is likely the best change before we use the intercept and slope values for the remaining independent variables (X) to create a forecast model?

A. Exclude the independent variable(s) that does not meet the confidence requirement; use current coefficients for the dependent and independent variables which DO meet the confidence requirement

B. Exclude the independent variable(s) that does not meet the confidence requirement; re-accomplish the regression analysis without the independent variable(s) that does not meet the confidence requirement

C. Nothing; The current intercept and and slope(s) are acceptable

Reference no: EM131888190

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