If all of the pairwise correlations between the response variable and the explanatory variables are between (a)
Question:
If all of the pairwise correlations between the response variable and the explanatory variables are between
(a) 0.5 and 0.8, is it still possible to have a collinearity problem among the explanatory variables? Explain.
(b) 0.1 and 0.3, is it still possible to have a collinearity problem among the explanatory variables? Explain.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Applied Biostatistics For The Health Sciences
ISBN: 9781119722694
2nd Edition
Authors: Richard J. Rossi
Question Posted: