If the correlation between the two independent variables of a regression analysis is 0.11 and each independent variable is highly correlated to the dependent variable, what does this indicate?
A) Multicollinearity between these two independent variables
B) Negative relationship is not possible
C) Only one of the two independent variables will explain a high percent of the variation
D) An effective regression equation
E) None of these statements are correct
Correct Answer:
Verified
Q72: When does multicollinearity occur in a multiple
Q73: Angela Chou has been asked to investigate
Q74: A manager at a local bank analyzed
Q75: Twenty-one executives in a large corporation were
Q76: The following summary is from home heating
Q78: The following correlations were computed as part
Q79: What does the correlation matrix for a
Q80: It has been hypothesized that overall academic
Q81: Twenty-one executives in a large corporation were
Q82: A real estate agent developed a model
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents