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Use the following hypothetical correlation matrix to answer the first two questions: Variable A Variable B Variable C De -. Variable -:'1_ VariableA .88 Variable
Use the following hypothetical correlation matrix to answer the first two questions: Variable A Variable B Variable C De -. Variable -:'1_ VariableA .88 Variable B .22 Variable c 1.00 .38 De 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? 2) Considering the correlations among the variables, what problem is likely to develop when a regression analysis is done using Variable A, Variable B, and Variable C to predict Dep. Variable
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