Using the Vail Guest Satisfaction Survey data, construct a correlation matrix of the 11 in- dependent variables.
Question:
(a) Identify the four pairs of independent variables that have the highest pairwise correlation values. Do they show significant correlation?
(b) Using MegaStat or MINITAB, run the regression with all 11 predictor variables, calculating the VIF for each predictor.
(c) Did you see any cause for concern based on the VIF values? Why or why not?
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Step by Step Answer:
a All but one pair of variables is significantly correlated at 01 See the matrix below LiftOps ...View the full answer
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Related Book For 
Applied Statistics In Business And Economics
ISBN: 9780073521480
4th Edition
Authors: David Doane, Lori Seward
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