A major car magazine has recently collected data on 30 leading cars in the U.S. market. It is interested in building a multiple regression model to explain the variation in highway miles. The following correlation matrix has been computed from the data collected: Based on this information, if we test using a 0.05 level of significance, the critical value for testing whether any of the independent variables are significantly correlated with the dependent variable is t = 2.0484.

Question

A major car magazine has recently collected data on 30 leading cars in the U.S. market. It is interested in building a multiple regression model to explain the variation in highway miles. The following correlation matrix has been computed from the data collected:  Based on this information, if we test using a 0.05 level of significance, the critical value for testing whether any of the independent variables are significantly correlated with the dependent variable is t = 2.0484.

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The Answer of A major car magazine has recently collected data on 30 leading cars in the U.S. market. It is interested in building a multiple regression model to explain the variation in highway miles. The following correlation matrix has been computed from the data collected:  Based on this information, if we test using a 0.05 level of significance, the critical value for testing whether any of the independent variables are significantly correlated with the dependent variable is t = 2.0484.

A Major Car Magazine Has Recently Collected Data on 30