Question: A multiple linear regression analysis will be performed on X1, X2, X3 and Y. The following output shows the correlation between the variables. Correlations

A multiple linear regression analysis will be performed on X1, X2, X3

A multiple linear regression analysis will be performed on X1, X2, X3 and Y. The following output shows the correlation between the variables. Correlations X2 X1 1 X3 X1 X2 X3 Y 0.458 0.786 0.615 0.747 0.711 0.654 State a major problem if multiple linear regression analysis is used on the variables. Justify your answer. (3 marks)

Step by Step Solution

3.42 Rating (149 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Here the major problem is multicollinearity which affects the multiple linear regressio... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (2 attachments)

PDF file Icon

635fac35b8f43_232756.pdf

180 KBs PDF File

Word file Icon

635fac35b8f43_232756.docx

120 KBs Word File

Students Have Also Explored These Related Mathematics Questions!