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Use the following hypothetical correlation matrix to answer the first two questions: Variable A Variable B Variable C Dep. Variable Variable A 1.00 .62 .88

Use the following hypothetical correlation matrix to answer the first two questions:

Variable A Variable B Variable C Dep. Variable

Variable A 1.00 .62 .88 .68

Variable B 1.00 .68 .22

Variable C 1.00 .38

Dep. Variable 1.00

1)If a regression analysis is performed using Variable A, Variable B and Variable C as independent variables to predict the dependent variable, what is the lowest possible value of R2?

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