The following correlation matrix is associated with the same data used to build the regression model in

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The following correlation matrix is associated with the same data used to build the regression model in Problem 15-1:

y x1 x2 x3 y 1 x1 0.406 1 x2 0.459 0.051 1 x3 0.244 0.504 0.272 1 Does this output indicate any potential multicollinearity problems with the analysis?

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Business Statistics A Decision Making Approach

ISBN: 9780136121015

8th Edition

Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry, Kent D. Smith

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