Assumption MLR$.3($No Perfect Collinearity$)$

Suppose you and a research partner are interested in studying the determinants of wages. Your partner collects a sample of $3$ observations and proposes using the following multiple regression model:

wage $={}_0+{}_1$ educ $+{}_2$ exper $+{}_3$ age $+{}_4$ height $+u$

where

wage $=$ annual salary

educ $=$ years of formal education

exper $=$ years of work experience

age $=$ age of individual, in years

height $=$ height, in inches

observations $=3$

True or False: Based on the model specification and the number of observations, this model suffers from perfect collinearity.

True

False